Friday, December 10, 2010

Crosley Shelvador Model

obligation of the day

Bayer to 2105

fixed coupon of 5% until 2015 and then a floating rate equal to Euribor + 2.8% with a prepayment option.

The prepayment option implies the continuing debt to around 100. So how to make a bot is sold at any time 5%. Purchase price of around 99.90.

ISIN Code: XS0225369403

great! I'll take it!

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