The Motley Fool Discussion Boards
Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: Need help with Exxon Bond Quotes||Date: 10/19/2012 11:48 AM|
|Author: altstrat91||Number: 34468 of 35226|
at this particular juncture of the interest rate cycle, XOM bonds regardless of whether you are talking short term or long term are trading at a premium to par given they are rated AAA.
there is 1 specific XOM bond issue with cusip 607059AT9
it has an interest rate of 8.625% but is trading in the $152 range. $100 is par value.
also XOM related/backed bonds can be found under XTO Energy which means they are essentially XOM bonds. in addition there is seariver maritime, BUT i am not sure off the top of my head how logistics on those works.
to give you an idea on XTO bonds. there are 4 series/floats that redeem before 2016. yields on 3 of them are <.35% while the 2016 float's yield is .708.
on the longer term stuff, yields are in the low/mid 3% range and we are talking 24-26 years til redemption date. you would also have to explore potential call risk as well.
XTO bond CUSIPs
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|