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Credit Suisse announces April monthly coupon payments on gold and silver covered call ETNs


Credit Suisse has announced monthly coupon payments for April of USD0.1764 per ETN on its Gold Shares Covered Call ETN (GLDI) and USD0.2302 per ETN on its Silver Shares Covered Call ETN (SLVO).

The respective coupon payments are payable on 25 April 2014 to holders of record on 22 April 2014.
The ex-dividend date is 17 April 2014.
The coupon payments represent a current yield of approximately 14.81 per cent per annum on the GLDI ETN and a current yield of approximately 17.69 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 10 April 2014.

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