Weekly trading idea: Buy ANZPF The day one trading range of ANZPF of $99.99 to $100.10 has failed to capture the recovery in the ASX listed hybrid market,...

Weekly trading idea: Buy ANZPF The day one trading range of ANZPF of $99.99 to $100.10 has failed to capture the recovery in the ASX listed hybrid market, noting the average trading margin on major bank prefs and capital notes has firmed 0.42% from 3.69% on 28 Jan 2015 to 3.27% on 5 Mar 2015. We see the potential for capital upside once new supply is digested, and on expectations the ASX listed hybrid market reflects wholesale market trends. To view our full report, click here: (VIEW LINK)