Credit Suisse has declared USD0.1269 per ETN monthly coupon payment for the Gold Shares Covered Call ETN (GLDI) and USD0.2189 per or the Silver Shares Covered Call ETN (SLVO).
The respective coupon payments are payable on 25 November to holders of record on 20 November. The ex-dividend date is 18 November.
The coupon payments represent a current yield of approximately 10.23 per cent per annum on the GLDI ETN and a current yield of approximately 15.21 per cent per annum on the SLVO ETN. The “current yield” equals the current monthly coupon payment annualised and divided by the closing indicative value of the applicable ETN on 8 November 2013.