Canadian Originated Preferred Securities

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Canadian Originated Preferred Securities

A security that combines aspects of preferred stock and long-term debt issues. It is structured as a bond and pays interest instead of dividends, but provides higher yields than Canadian bonds. COPrS are subordinated to other debt but are ahead of preferred stock. The interest may be stopped for up to five years, but only if dividends for common stock have been stopped first. They are taxable investments.
References in periodicals archive ?
Tenders are invited for Services For Running And Operation Of Passenger Lifts And Pakage Ac At Hq 21 Coprs Dronachal Bhopal
Les membres du syndicat du coprs diplomatique observent ce jeudi une greve devant le siege du ministere des Affaires etrangeres.
He then completed two years (1952 to 1954) of active service in the Army Medical Coprs (serial #01873426) at the Walter Reed Army Hospital and Fort Bragg Hospital, where he served as Chief of Physical Medicine and Rehabilitation.
include funds reported in the COPRS system for the PEPFAR program.
Actes des 7e Journees anthropologiques "L'enfant, son coprs, son histoire".
National Job Coprs Study: Methodological Appendixes on the Impact Analysis.