Hi all. Is fixed yield income of 8% possible from investment grade country in africa. I was a bit skeptical at first and thought a yield of 8% locked funds to be paid on maturity is close to impossible till they gave me the fine print and in included currency hedging. Basically the bank taking a strike if exchange goes above certain number on maturity and both principal and interest than there after to be paid on the strike price.
Fortunately this strike price is reasonable and what I may call optimum way out with minimal informed risk and maximum returns, it being 8%.
Now to my question, shall I walk away from this, it sounding like a risk issue or follow it through. Secondly given its great returns with almost certain minimal arbitrage, not absolute see it through and even raise funds for it. I am thinking in the range of 5m or so. I was thinking of pitching it to IB shops here in The middle east. How should I go about and most of all how to get my eventual cut given I am an outsider? How can I go either on advisory or even commission base and sell it? Your feedbacks are much appreciated and thanks in advance all.