I would be delighted to hear from anyone who has recently attempted to purchase these prefs. I understand they are hard to get but was quoted a buy price of 135p.
The coupon pays out semi-annually and at this price seems quite reasonable. I would appreciate any thoughts from others though. From the due diligence I have carried out, this seems quite high up the pecking order of fixed income stuff from RBS...no call date either from what I can ascertain.