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%?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra