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 ?
He assured Jansher Khan that the Frontier Coprs will continue playing its sincere role for launching and promoting squash activities and academies throughout the whole province including all district tribal areas.
Tenders are invited for comprehensive maintenance of passenger /goods lift at hq 21 coprs at dronachal bhopal and services for running and operation of dg sets at signal centre and hq 21 corps at dronachal bhopal
Le porte-parole de la douane, Haythem Znad, a parle d'une compagne qui vise a toucher la reputation du coprs et a discrediter les efforts de la douane.
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.
Section 404 of this act requires a permit from the Corps of Engineers (Coprs) prior to filling wetlands.
Les membres du syndicat du coprs diplomatique observent ce jeudi une greve devant le siege du ministere des Affaires etrangeres.
Lt Col Nl Odyuo Hq 33 Coprs Engrs Branch Pin 908533 C/O 99 Apo
Tenders are invited for Procurement of physical training equipments out of canteen trade surplus funds at 16 coprs battle school bhalra