Obviously investors are clamoring for short dated maturities any where they can find them.
The new 5% Gladstone Investment baby bonds (GAINN) began trading today and investors drove the price right up to $25.61.
With turmoil in the bond market it is certain that investors are anxious to buy securities that will likely maintain value in spite of potential higher interest rates–with a maturity in 2026 this issue will likely stay at or above $25 for a while–if we reach a time where it falls below $25 I will probably be a buyer.
idea cptal ur comment=donald.reuter223@gmail.com
Tim, comments are closed on the Reader Initiated Alerts page. Is that intentional?
no been following u for 5 yeas
Bur–will check it. Thought I fixed it but maybe not.