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Author: fminio Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 34950  
Subject: General Motors 8,375%: help? Date: 9/13/2007 3:57 PM
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I am fairly new to bonds and was wondering if anyone could help out.

- X94364 - General Motors 8,375%.
- can be picked up for around 80
- repayment 100
- yield: 8,25%
- current yield: 10,68%
- maturity: 2033

Famous last words: what can go wrong? I mean, assuming one believes that GM will not default, isn't this a pretty good deal?

I am sorry if this is a stupid question...any views are welcome!

Thanks.
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