Hence, a deep discount US bond, selling at a price of 75.26, indicates a selling price of $ 752.60
per bond sold.
Not exact matches
Voters in Mt. Prospect - based River Trails Elementary District 26 approved a 50 - cent increase in the education fund rate, to $ 2.60
per $ 100, while their counterparts in Huntley Consolidated School District 158 agreed the district should
sell $ 18 million in
bonds to fund the construction of two new schools.
The offer circular obtained from its website on Tuesday in Abuja, stated that it would
sell N35 billion of a
bond maturing in July 2021 at 14.50
per cent.
Charters receive
per pupil funding from the state like traditional district public schools but differ in not being able to receive funding for facilities and can not
sell bonds and pass overrides.
«If the stock market drops by roughly 20
per cent or more,» he adds, «I'll rebalance by
selling some of my
bond index to buy some of my stock indexes.»
Because the market has
sold off since the June issue, buyers were required to pay $ 95.291
per $ 100 face value for each
bond.
So for example, let's say ACME company
sells a $ 100
bond that pays $ 3
per year with one payment
per year.
First Data Corp. has a
bond that pays a coupon of 11.25 %, is
selling for about 101.5 ($ 1,015
per bond), and matures in March of 2016.
Advisors who
sell these funds are quick to point out that you can normally redeem 10 % of the fund's value
per year without triggering the sales charge, and that you can switch from one DSC fund to another in the same family (for example, from a Canadian equity fund to a
bond fund) at no cost.
For instance, if you have a portfolio that's 60 % stocks and 40 %
bonds, rebalancing it back to its original proportions once a year forces you to
sell high and buy low, delivering an extra 0.3 to 0.5 of a percentage point
per year.