WGF 6.35 % PLUS Senior Secured Mortgage Backed Security 2011/2017 (WKN WGFH08)
This is how it works: Investors receive a minimum interest of 6.35 % per annum and in addition an annual interest rate adjustment in line with the consumer price index for Germany.*
The WGF 6.35 % Plus senior secured mortgage backed security has a term of six years (2011 to 2017). The WGFH08 offers first-ranking mortgages on German real estate purchased through its proceeds. What makes it exceptional is its "inflation-yield-compensation" which reduces the currency devaluation due to price increases.
The public offer of the WGF 6,35 % Plus senior secured mortgage backed security 2011 / 2017 ended on 15th March 2012 ahead of schedule.
*The annual interest rate adjustment is determined in proportion to the alteration in percentage of the consumer price index for Germany (CPI). CPI is a measure of the level of inflation. It measures how much the price of a basket of consumer goods has changed over a given time period. Index level is always April of each year.

