y****i
发帖数: 778 | 1 【 以下文字转载自 Bond 俱乐部 】
发信人: yangqi (zzzzzz), 信区: Bond
标 题: A callable zero coupon muni bond 156753EC5
发信站: BBS 未名空间站 (Sat Mar 9 00:07:54 2013, 美东)
Bought $50000 face value at $30.662 yesterday, yield 5.884%, Maturity Date
08/01/2033, both Fed & CA tax free, S&P rating A+,insured by MBIA. As long
as the ask price plus 0.1$ fee is less than following call price, it is a
good example for muni bond with high yield.
Call Date Call Price
08/01/2012 30.327
02/01/2013 31.216
08/01/2013 32.130
02/01/2014 33.072
08/01/2014 34.041
02/01/2015 35.038
08/01/2015 36.065
02/01/2016 37.121
08/01/2016 38.209
02/01/2017 39.329
08/01/2017 40.481
02/01/2018 41.667
08/01/2018 42.888
02/01/2019 44.145
08/01/2019 45.438
02/01/2020 46.769
08/01/2020 48.140
02/01/2021 49.550
08/01/2021 51.002
02/01/2022 52.497
08/01/2022 54.035
02/01/2023 55.618
08/01/2023 57.248
02/01/2024 58.925
08/01/2024 60.651
02/01/2025 62.429
08/01/2025 64.258
02/01/2026 66.140
08/01/2026 68.078
02/01/2027 70.073
08/01/2027 72.126
02/01/2028 74.240
08/01/2028 76.415
02/01/2029 78.654
08/01/2029 80.958
02/01/2030 83.330
08/01/2030 85.772
02/01/2031 88.285
08/01/2031 90.872
02/01/2032 93.535
08/01/2032 96.275
02/01/2033 99.096
08/01/2033 102.000 | y****i
发帖数: 778 | 2 05/13/2013 31.731 Pre-refunded Call
Make 31.731/30.662 = 3.5% in two month, equal to 20% yield a year, will look
for next Kicker bond after May 13. In addition, no need to pay $1 per $1000
face value transaction fee for the call, that will save $50 for this $50000
face value zero coupon bond.
【在 y****i 的大作中提到】
: 【 以下文字转载自 Bond 俱乐部 】
: 发信人: yangqi (zzzzzz), 信区: Bond
: 标 题: A callable zero coupon muni bond 156753EC5
: 发信站: BBS 未名空间站 (Sat Mar 9 00:07:54 2013, 美东)
: Bought $50000 face value at $30.662 yesterday, yield 5.884%, Maturity Date
: 08/01/2033, both Fed & CA tax free, S&P rating A+,insured by MBIA. As long
: as the ask price plus 0.1$ fee is less than following call price, it is a
: good example for muni bond with high yield.
: Call Date Call Price
: 08/01/2012 30.327
| S**C
发帖数: 2964 | 3 ST speculation/trading probably more suitable for stock board don't you
think? A brave soul can earn more than 1% easily in a day if s/he jump in
gold yesterday, that equals to what annulized?
look
1000
50000
【在 y****i 的大作中提到】
: 05/13/2013 31.731 Pre-refunded Call
: Make 31.731/30.662 = 3.5% in two month, equal to 20% yield a year, will look
: for next Kicker bond after May 13. In addition, no need to pay $1 per $1000
: face value transaction fee for the call, that will save $50 for this $50000
: face value zero coupon bond.
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