Sentences with phrase «bonds at a significant discount»
We bought the bonds at a significant discount to par for a 3 - year bond.
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Remington also has $ 250 million of bonds that come due in 2020, and are trading at a significant discount to their face value at 22 cents on the dollar, according to Thomson Reuters data, indicating investor concerns about repayment.
Last year, however, a number of fixed income CEFs began trading at significant discounts to NAV after the tapering announcement in June by the Fed sent the bond market South.