Sentences with phrase «bonds trade at»

Most bonds trade at a premium: If they were issued when rates were higher, they're now priced above face value.
Most older bonds trade at a premium these days, which means they are priced above face value because their coupons are higher than those of newly issued bonds.
In U.S. markets, for instance, green cyclicals and technology bonds trade at a premium to their non-green peers, but utilities and materials trade wide to their conventional curve.
Investors» warm reception for this week's $ 3.5 bln issue looks strange given the island's junk rating and rocky finances, not to mention that existing bonds trade at a big discount.
Many bonds trade at negative yields because the European Central Bank (ECB) and the Bank of Japan (BOJ) continue to buy bonds as part of their management of monetary policy.
Puerto Rico's benchmark GO bond traded at 43 cents on the dollar on Friday, up from a close of 41.06 cents on...
And those numbers overstate the effect of bond fund trading because they exclude bond trading at regional brokerages, which play a large role in the municipal securities market.
«We remember vividly 35 years ago staring at long - term impeccable bonds trading at 15 % to 17 % yields, thinking; «Why bother trading, hedging and knocking ourselves out?
Prior to Saxo, he was head of bond trading at Nykredit.
There are other examples of speculation such as some European junk bonds trading at yields so low that no company should ever have to suffer the indignity of bankruptcy but for pure entertainment value you can't beat Jesus coin.
When I became a professional bond investor at the ripe old age of 38 in 1998, it was the opposite — almost all bonds traded at premiums, and had relatively high coupons.
In Europe, financials and government - related green bonds traded at a premium to regular counterparts; green bonds in the utility sector traded at a discount.
So far, it's a foreign thing; we do not have Canadian bonds trading at negative yields.
Needless to say, I questioned my sanity while BBB bonds traded at 400 basis points over Treasuries.
I have seen private residential mortgage bonds trading at levels where I said, «The odds of these not being money good are remote.»
1) All bonds traded at discounts.
Because the various AAA bonds traded at decidedly different interest rates.
These days, with virtually all bonds trading at a premium, you should expect the market price of your fund to fall even if interest rates hold steady.
Today there are two more signs of extreme mania ------ a brokerage firm calculation that there are now $ 5.3 trillion of government bonds trading at negative yields and the cross-over of eurolibor into the nether world of negative yields, as well.
As a result of this bidding - up process, the bond trades at a premium to its par value.
A premium bond is a bond trading above its par value; a bond trades at a premium when it offers a coupon rate higher than prevailing interest rates.
Note that the Sears bond has a higher yield throughout the period, reflecting the fact a corporate bond trades at higher yields than a government bond.

Not exact matches

The threat of a trade war would also freak out the overseas investors we count on to buy our government bonds, and keep our interest rates at super-low levels.
It's not unusual to see companies trading well above 20 times earnings these days, especially more bond - like businesses, such as dividend - paying consumer staples, utilities and other defensive equities, says Arthur Heinmaa, chief investment officer at Cidel Asset Management.
Prices of the riskiest portions of collateralized loan obligations (CLOs) have fallen 50 % as of the end mid-December since mid-year, and are now trading at $ 0.25 for every dollar that investors have put in the structured bonds.
The average BB rated bond, which is what Dell's current debt is rated, is trading at a yield of 5.8 %.
Based on where bonds are trading today, the market is saying about 5 % of those corporate loans will go bust, or roughly $ 35 billion worth at the six biggest banks.
And bonds at some well - known companies, like American Express and retailer Neiman Marcus, have been trading at 30 % of their original value.
Germany's benchmark 10 - year bond yield was up almost 2 bps at 0.58 percent in early trade, above a one - week low of 0.56 percent hit on Friday.
On average, high - yield bonds are trading at 86 cents on the dollar, meaning the market is predicting a 14 % loss on the loans.
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.
«He walked me through the challenges he inherited at Salomon Brothers and how he handled them,» says Sloan, referring to the time when Buffett stepped in to rescue the Wall Street firm during a bond - trading scandal in the 1990s.
The company's senior unsecured bonds due in 2018 last traded Thursday at 5.25 cents on the dollar, down from 72 cents the week before the bankruptcy filing, according to Trace bond - price data.
If Brexit - like sentiment in other nations leads to restrictions on the flow of trade and labor, he adds, «that is going to create greater uncertainty and volatility» — at a time when some commentators believe that global stock and bond prices are overdue for a tumble.
«The credit trading desk at AllianceBernstein is consistently on the cutting edge,» Amar Kuchinad, CEO of the bond - trading platform Electronifie, told Business Insider last year.
This test window is between the market's opening for regular trading, 9:30, and the beginning of the October 2014 U.S. Treasury Bond Flash Crash at 9:33 [1].
September 2003 (188 kb PDF file): Research summaries on sovereign bonds and public debt management and on international trade; country study: Sweden; summaries of new study on deflation and recent book: Sweden's Welfare State; contents of latest issue of IMF Staff Papers; visiting scholars at the IMF; titles of recent IMF working papers; list of external publications by IMF staff.
BlackRock, for instance, has endlessly pushed electronic trading of bonds, but at most that would reduce the costs of immediacy by bringing buyers and sellers together more efficiently.
Markets are fine, volatility is modest and trade war isn't a big deal, say delegates at junk - bond king Michael Milken's annual L.A. summit.
Its bonds were trading at just over half face value.
The article makes the point that unlike most ETFs, high yield bond ETFs often trade at prices far from their fair value.
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.
European government bond and U.S. 10 - year Treasury yields are trading at their highest levels in more than two months and the U.S. 30 - year Treasury bond yield reached a high for the year on Tuesday.
Although they are not as egregiously expensive as 10 - year Swiss government bonds — currently trading at a yield of negative 0.25 % — Canadian bonds are offering a relatively paltry real return, even after adjusting for low inflation.
Investors considering Treasury securities have opportunities to buy bonds both at regularly scheduled auctions (see Auction Schedule) and in the secondary market, which is one of the world's most actively traded markets.
Prosecutors claimed Demos lied to his customers about the prices at which his company could buy or sell mortgage bonds, boosting the profit his firm earned on a trade and therefore increasing his own bonus.
Convertible Debt - the term convertible debt basically, means securities that can be converted to other specified amounts of another security at the option of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a specific period.
Some 5.7 % of corporate junk bonds from emerging markets are trading at prices below 70 cents on the dollar, more than double the rate for higher - risk U.S. bonds, according to JPMorgan.
Each week a limited number of new issue corporate bonds are available for purchase at par, in minimum denominations of $ 1,000, without additional trading concessions.
Given that the risk profile of green bonds is in line with that of traditional offerings from the issuer, they will typically trade at identical or very similar valuations.
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