Global Diversified Investment Grade Income Trust II declares a monthly distribution



    MONTREAL, March 20 /CNW Telbec/ - Global Diversified Investment Grade
Income Trust II (TSX: GII.UN) (the "Trust") declares a monthly distribution
(consisting of a partial capital reimbursement of a unit) of $0.0687 per unit
(approximately 8.25% per year calculated on a 30/360 day basis and on the
issue price of $10 per unit). The distribution will be payable on April 17,
2007 to the holders of record at the close of business on March 30, 2007.

    The Trust provides an economic interest in an equity tranche of credit
default swap agreements in respect of portfolios of mortgage-backed
securities, asset-backed securities, structured finance securities, synthetic
corporate exposures and other fixed-income securities.




For further information:

For further information: François Rivard, (514) 879-6405;
http://info.fbn.ca/trusts

Organization Profile

Global Diversified Investment Grade Income Trust II

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890