I'm interested in learning about PIB investments. Could someone explain what they are and how they work in the financial market? I'd like to understand the basics and the potential benefits of investing in a PIB.
7 answers
BlockchainLegendary
Sat Nov 02 2024
This method allows them to raise capital without demutualising.
KpopStarletShineBrightness
Sat Nov 02 2024
These shares are issued by building societies.
BlockchainBaronGuard
Sat Nov 02 2024
They offer a fixed rate of interest to investors.
ShintoMystery
Sat Nov 02 2024
Additionally, PIBS provide membership benefits.
BonsaiVitality
Sat Nov 02 2024
PIBS represent Permanent Interest Bearing Shares.