Bond Discussion

This is a page where bonds can be discussed. I am thinking primarily $1,000 issues which are of interest to folks.

Like the other discussion pages posts will stay intact for a number of months.

899 thoughts on “Bond Discussion”

  1. If someone is looking for a monthly paying CD for income, Wells Fargo just issued a brokerage one effective 5/21 for 2 years at 5% and noncallable. I have maturing CDs next week, so “borrowed” from myself to buy today. I hate the 8 day lag, but I didnt want to spend the money that was laying around anyways.

    1. @gridbird, yep today at fido saw a few non-callable 2 yr cds at 5% threshold…didnt see if they were mo paying or not

  2. NEW issues:

    Barclays PLC 5.50%
    05/20/2027 (2 year call protection)
    06745QR43
    A+/NR
    YTM/YTW = 5.50%

    Australian Unity Pro 5.05%
    04/16/2029 (NOT callable)
    961214FT5
    AA-/NR
    YTM/YTW = 5.05%

    Atlassian Corp 5.25%
    05/15/2029 (Not Callable until *4/15/2029*)
    049468AA9
    NR/Baa3
    YTM/YTW = 5.27%

    WEC Energy Group Inc. 5.00%
    05/15/2029 (Not Callable until *4/15/2029*)
    976656CQ9
    NR/A2
    YTM/YTW = 5.04%

    CenterPoint Energy 5.40%
    06/01/2029 (Not Callable until *5/1/2029*)
    15189TBG1
    BBB/Baa2
    YTM/YTW = 5.40%

    Las Vegas Sands Corp 6.00%
    08/15/2029 (Not Callable until *7/15/2029*)
    517834AK3
    BB+/Baa3
    YTM/YTW = 5.90%

    Jefferies Financial Group 6.50%
    11/16/2029 (1 Year call protection)
    47233WEQ8
    BBB/Baa2
    YTM/YTW = 6.50%

    Hasbro Inc. 6.05%
    05/14/2034 (Not Callable until *2/14/2034*)
    418056BA4
    NR/Baa2
    YTM/YTW = 6.10%

    Charter Communications Inc. 6.55%
    06/01/2034 (Not Callable until *3/1/2034*)
    161175CR3
    BBB-/NR
    YTM/YTW = 6.55%

    Agree LTD Partnership 5.625%
    06/15/2034 (Not Callable until *3/15/2034*)
    008513AE3
    BBB/Baa1
    YTM/YTW = 5.75%

    Reinsurance Group of America Inc. 5.75%
    09/15/2034 (Not Callable until *6/15/2034*)
    759351AS8
    A/Baa1
    YTM/YTW = 5.79%

    1. Theta, Love your lists. I know you stick with investment grade (IG) and it seems like a lot of companies are coming to the watering hole to dip their buckets while they can get rates from 5% to 6% As to IG Hasbro and CVS ? really?

      1. Charles M – Too funny. I concur. Well at this point, I’m seriously contemplating just adding full on junk as well to my lists. As far as CVS goes, I didn’t post every single one yesterday but they really went in a full debt issuance frenzy mode. They put out allot of duration varying floats yesterday.

        Out of the grocery list from this morning the one I was really excited to see were those basically noncallable 10 year RGAs. Getting a big piece of those is essential for a much needed slot in one of my ladders.

    2. Just looking at alternatives, I could buy a non commisionable 5 year guaranteed annuity at 6.05% from an insurer with Best rating of A-, whose 5 yr bonds are BBB and trading around that yield.
      With the annuity there’s a lot of capital and surplus backing up the purchase.

      dplfp.com
      click on MYGA marketplace

  3. NEW Issues:

    Bank of America Corp 5.75%
    05/16/2029 (Call protection 6 months)
    06055JEM7
    A-/A1
    YTM/YTW = 5.75%

    CVS Health Corp 5.4%
    06/01/2029 (Not Callable until *5/1/2029*)
    126650EB2
    BBB/Baa2
    YTM/YTW = 5.40%

    CenterPoint Energy 5.4%
    06/01/2029 (Not Callable until *5/1/2029*)
    15189TBG1
    BBB/Baa2
    YTM/YTW = 5.40%

    NMI Holdings, Inc. 6.00%
    08/15/2029 (Not Callable until *07/15/2029*)
    629209AC1
    NR/Baa3
    YTM/YTW = 6.05%

    CITIGROUP INC 5.90%
    05/16/2031 (18 month call protection)
    17290AC81
    BBB+/A3
    YTM/YTW = 5.90%

    CVS Health Corp 5.55%
    06/01/2031 (Not Callable until *4/1/2031*)
    126650EC0
    BBB/Baa2
    YTM/YTW = 5.60%

    Intercontinental Exchange Inc. 5.25%
    06/15/2031 (Not Callable until *4/15/2031*)
    45866FBA1
    A-/A3
    YTM/YTW = 5.20%

    Mastercard Inc 4.875%
    05/09/2034 (Not Callable until *2/9/2034*)
    57636QAZ7
    NR/Aa3
    YTM/YTW = 5.05%

    Consolidated Edison 5.375%
    05/15/2034 (Not Callable until *2/15/2034*)
    209111GH0
    A-/A3
    YTM/YTW = 5.40%

    CITIGROUP INC 6.00%
    05/17/2034 (18 months call protection)
    17290ACM0
    BBB+/A3
    YTM/YTW = 6.00%

    CVS Health Corp 5.70%
    06/01/2034 (Not Callable until *3/1/2034*)
    126650ED8
    NR/Baa2
    YTM/YTW = 5.71%

    Arkansas Power & Light 5.45%
    06/01/2034 (Not Callable until *3/1/2034*)
    29366MAF5
    A/A2
    YTM/YTW = 5.50%

    CITIGROUP INC 6.00%
    05/16/2039 (2 1/2 year call protection)
    17290A3S7
    BBB+/A3
    YTM/YTW = 6.00%

    CVS Health Corp 6.00%
    06/01/2044 (Not Callable until *12/1/2043*)
    126650EE6
    BBB/Baa2
    YTM/YTW = 6.15%

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