I am not currently looking at any new
discounted bond positions.
A Structured product is created by combining the economics of a long call option on equity with a long
discount bond position.
Not exact matches
I wish I had put on more then, but I didn't panic, and my
bond positions did well.At present the
discount window action is doing little; I struggled to find any mention of it last night.
As a policy holder I imagine that you have a pretty solid
position in the capital structure of these companies, but not to make things overly complicated: what happens if we use the yield on investment grade US corporate
bonds as a
discount rate?