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URL:  http://boards.fool.com/slm-continously-callable-bonds-30856142.aspx

Subject:  SLM Continously Callable Bonds Date:  9/4/2013  2:46 PM
Author:  reitsbyziggy Number:  35058 of 35343

When I do a bond search on Charles Schwab I have come across various SLM ED bonds that are continuously callable(and have been for some time) that are trading slighly above par to have a yield to call of maybe 1% or even a negative number and current yield in the 5% area.

I thought SLM was flush with cash as I have had over the years tenders from them on make whole call bonds. Why are these bonds not being called-could they be a place to put money to work for a short while and make 5%?
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