Watford
GTPGA pays 6.4% fully franked on face value (grosses up to 9.1%)
GTPGB pays 7.7% (unfranked on face value)
GTPGA reset is Sep 09
GTPGB reset is Sep 10
Apart from higher yeild I am also more confident that GTP shares will be above lower limit in 09 than a year later in 10.
However above GTPGB reset date is from memory, may be worthwile to check it, and also maximum reset ratio.
Neil
market has worked out timpb now, page-5
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