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Credit Suisse announces May monthly coupon payments for gold and silver covered call ETNs


Credit Suisse has declared USD0.1340 per ETN monthly coupon payment for the Gold Shares Covered Call ETN (GLDI ETN) and USD0.1830 for the Silver Shares Covered Call ETN (SLVO ETN). 

The respective coupon payments are payable on 25 June 2013 to holders of record on 20 June 2013. The ex-dividend date is 18 June 2013.
The coupon paymentsrepresent a current yield of 9.60 per cent per annum on the GLDI ETN and a current yield of 11.67 per cent per annum on the SLVO ETN. The “current yield” equals the current monthly coupon paymentsannualised and divided by the closing price of the applicable ETN on 14 June 2013. 

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