No. of Recommendations: 2
I was marking one of my bond accounts to market and belatedly discovered that my PR bonds had been re-orged. They were some zeros of '38 and '39 for which I paid an average price of 15.760.

The re-org offered an avg price of 20.582, or a gain of 4.9% per year of holding-period. Not great. But not a loss, either.
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