New Posts For Thread: The Jockey Club Racecourse Bondhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29903301/the-jockey-club-racecourse-bondTo pay for the development of Cheltenham.4.75% as cash plus 3% as Rewards for Racing vouchers to pay for entrance,etc.Sounds attractive.What are the risks?Stow,Thanks for that.Planning to put £10k in.The vouchers will pay for my Sandown badge and a years worth of racecards.https://community.betfair.com/tradefair__financials/go/thread/view/94198/29903301/the-jockey-club-racecourse-bond?post_id=531902307#531902307Stow,Thanks for that.Planning to put £10k in.The vouchers will pay for my Sandown badge and a years worth of racecards.Wed, 01 May 2013 07:33:21 -0500Further to this I'd say that the 4.5% must be close to the "real" rate of inflation and so this coupon perhaps represents standing still in a safe haven. If you are investing in them in a pension or ISA, then maybe this is fine for the safe(ish) parthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29903301/the-jockey-club-racecourse-bond?post_id=531802951#531802951Further to this I'd say that the 4.5% must be close to the "real" rate of inflation and so this coupon perhaps represents standing still in a safe haven. If you are investing in them in a pension or ISA, then maybe this is fine for the safe(ish) partSat, 27 Apr 2013 10:33:38 -0500Next to none in them going to the wall. The risk is that over the term of the bond the divi could become less attractive if other new bonds offer a higher divi. (i.e it's possible that they could trade under water during the term of the bond & if youhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/29903301/the-jockey-club-racecourse-bond?post_id=531802493#531802493Next to none in them going to the wall. The risk is that over the term of the bond the divi could become less attractive if other new bonds offer a higher divi. (i.e it's possible that they could trade under water during the term of the bond & if youSat, 27 Apr 2013 10:13:23 -0500To pay for the development of Cheltenham.4.75% as cash plus 3% as Rewards for Racing vouchers to pay for entrance,etc.Sounds attractive.What are the risks?https://community.betfair.com/tradefair__financials/go/thread/view/94198/29903301/the-jockey-club-racecourse-bond?post_id=531744679#531744679To pay for the development of Cheltenham.4.75% as cash plus 3% as Rewards for Racing vouchers to pay for entrance,etc.Sounds attractive.What are the risks?Thu, 25 Apr 2013 07:06:30 -0500