Does anyone understand why LLPC has taken a dive in the past few days ? Particularly in the light of today’s interest rate cut, this looks odd. I can’t find any new concerns re Lloyds attempting to cancel the prefs at par, and surely the divi is safe. Odd. Now yielding 6.4% in a near zero interest rate environment.

Unlock this Article with a 14 day free trial

or Unlock with your email

Already have an account?
Login here