Ford also has several Exchange Traded Debt Securities, including F-A, FCZ and FCJ. All are trading at huge discounts with yields of approx 25 to 30%. I would think that Ford will only stop payments on their debts if and when they go bankrupt.
So if the preferreds are considered a good investment, then how about these 3 securities?
Trust Ford's Trust Preferred Shares [View article]
So if the preferreds are considered a good investment, then how about these 3 securities?