Fixed income analysis

Magnit announces the coupon yield payment

Retrieved on: 
Thursday, June 24, 2021
Finance, Bond valuation, Fixed income analysis, Magnit, Financial markets, Investment, Coupon, Bond, Yield, Financial economics

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Krasnodar, Russia (June 24, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the 3rd coupon yield payment against bonds.
  • Please be informed that today PJSC "Magnit" fulfilled its obligation of the third coupon yield payment against bonds of the BO-003P-05 series in the amount of 329,100,000 rubles.

Best’s Special Report: An Approach to Comparing Insurers’ Interest Rate Assumption Changes

Retrieved on: 
Wednesday, June 23, 2021
Insurance, Professional services, Finance, Money, Annuities, Economy, Actuarial science, Fixed income analysis, Mathematical finance, Bond valuation, Life annuity, Bond duration, Insurance, Interest rate

AM Best believes using a 20-year annuity factor facilitates a level playing field in comparing the conservatism of insurers GAAP interest rate assumptions embedded in their reserve calculations.

Key Points: 
  • AM Best believes using a 20-year annuity factor facilitates a level playing field in comparing the conservatism of insurers GAAP interest rate assumptions embedded in their reserve calculations.
  • In a new Bests Special Report, An Approach to Comparing Insurers Interest Rate Assumption Changes, AM Best notes that the long-term low interest rate environment has been a challenge for life and annuity insurers with regard to the interest rate assumption they use to calculate reserves.
  • The 20-year annuity factor approach generates a comprehensive metric that allows AM Best to compare all ultimate discount rate yield curves across the life/annuity industry.
  • The reserves may be more sensitive to changes in interest assumptions for companies with longer duration products than those with shorter duration products.

Northview Canadian High Yield Residential Fund Announces June Distribution

Retrieved on: 
Tuesday, June 15, 2021
Financial markets, Fixed income analysis, Yield, Forward-looking statement

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- Northview Canadian High Yield Residential Fund (the Fund) today announced its June 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the Units), payable on July 15, 2021 to holders of Units of record at June 30, 2021.

Key Points: 
  • TORONTO, June 15, 2021 (GLOBE NEWSWIRE) -- Northview Canadian High Yield Residential Fund (the Fund) today announced its June 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the Units), payable on July 15, 2021 to holders of Units of record at June 30, 2021.
  • Certain statements in this news release contain forward-looking information within the meaning of applicable securities laws (also known as forward-looking statements).
  • These forward-looking statements include, but are not limited to, the Funds plans, objectives, expectations and intentions, including with respect to the payment of distributions and the annualized pre-tax distribution yield.
  • To learn more about the Fund, visit www.northviewfund.com or contact:

Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")

Retrieved on: 
Tuesday, June 8, 2021
Finance, Financial markets, Fixed income analysis, Money, Bond valuation, Coupon, Current yield, Yield, Exchange-traded note, Collateralized mortgage obligation

The Current Yield, which is based on an ETN's Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs.

Key Points: 
  • The Current Yield, which is based on an ETN's Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs.
  • The Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero.
  • The Expected Current Yield, which is based on an ETN's Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs.
  • The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero.

Synaptics Incorporated Announces Notice of Full Redemption of Convertible Senior Notes Due 2022

Financial markets, Finance, Bond valuation, Fixed income analysis, Redemption value, Synaptics, Redemption, Investment

SAN JOSE, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- Synaptics Incorporated (Nasdaq: SYNA) (the Company or Synaptics) today announced that it has provided an irrevocable notice of redemption for all $525,000,000 aggregate principal amount of its outstanding 0.50% Convertible Senior Notes due 2022 (the Notes), which mature on June 15, 2022 (the Redemption).

Key Points: 
  • SAN JOSE, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- Synaptics Incorporated (Nasdaq: SYNA) (the Company or Synaptics) today announced that it has provided an irrevocable notice of redemption for all $525,000,000 aggregate principal amount of its outstanding 0.50% Convertible Senior Notes due 2022 (the Notes), which mature on June 15, 2022 (the Redemption).
  • The Notes are redeemable at a cash redemption price of 100.0% of the principal amount, plus accrued and unpaid interest, if any, to, but excluding, the redemption date of August 4, 2021 (the Redemption Price).
  • Holders of the Notes have the right to convert the Notes called for redemption no later than 5:00 p.m., EDT, on August 3, 2021 (the Conversion Deadline).
  • Requests for conversion delivered after the Conversion Deadline will only be entitled to receive the Redemption Price for the Notes.

Clough Global Dividend and Income Fund Section 19(a) Notice Statement Pursuant to Section 19(a) of the Investment Company Act of 1940

Retrieved on: 
Friday, May 28, 2021
Finance, Money, Economy, Financial ratios, Financial markets, Fixed income analysis, Dividend, Shareholders, Rate of return, Yield, Total return, Bond fund

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income.'

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income.'
  • While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund.
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
  • Clough Global Dividend and Income Fund (NYSE MKT: GLV)
    View original content to download multimedia: http://www.prnewswire.com/news-releases/clough-global-dividend-and-incom...

PJSC Magnit Announces the Interest Rate of the Coupon Yield against the Exchange-Traded Bonds

Retrieved on: 
Thursday, May 27, 2021
Bond valuation, Fixed income analysis, Coupon, Bond, Yield, Nominal yield

Krasnodar, Russia (May 27, 2021): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the interest rate of coupon yield against the Exchange-traded bonds of the BO-002-04 and BO-001-05 series.

Key Points: 
  • Krasnodar, Russia (May 27, 2021): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the interest rate of coupon yield against the Exchange-traded bonds of the BO-002-04 and BO-001-05 series.
  • The interest rate of the 2nd, 3rd, 4th, 5th and 6th coupon periods is equal to the interest rate of the 1st coupon period which amounts to 35 (Thirty five) rubles 15 kopecks per one Exchange-traded bond of the BO-002P-04 series .
  • Reporting period which the Exchange-traded bonds of the BO-001P-05 and BO-002P-04 series yield is paid for:
    The Exchange-traded bonds of the BO-001P-05 and BO-002P-04 series have 6 coupon periods.
  • The amount of the accrued yield per one Exchange-traded bond of the BO-002-04 and BO-001-05 series:
    1st coupon - 35.15 rubles;

Mangazeya Mining Ltd. Announces That Its Subsidiary, 7918534 Canada Inc., Has Completed the Redemption of Its Exchangeable Shares

Retrieved on: 
Wednesday, May 26, 2021
Fixed income analysis, Mangazeya, Pomors, Siberia, Redemption value, Geography of Russia, Regions

Toronto, Ontario--(Newsfile Corp. - May 25, 2021) - Mangazeya Mining Ltd. (TSXV: MGZ.H) ("Mangazeya" or the "Company") announces that its subsidiary, 7918534 Canada Inc. (the "Subsidiary"), has completed its previously announced redemption of its eligible issued and outstanding Exchangeable Shares.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 25, 2021) - Mangazeya Mining Ltd. (TSXV: MGZ.H) ("Mangazeya" or the "Company") announces that its subsidiary, 7918534 Canada Inc. (the "Subsidiary"), has completed its previously announced redemption of its eligible issued and outstanding Exchangeable Shares.
  • The eligible Exchangeable Shares were redeemed at a price of $0.04 per Exchangeable Share for an aggregate redemption price of CAD $5,968.16.
  • The completed redemption of Exchangeable Shares fulfills the Subsidiary's obligation to complete the automatic redemption of such shares in accordance with their terms.
  • Mangazeya Mining Ltd. is a NEX-listed mining and exploration company, focused on the development of mineral resources in the Russian Federation.

E*TRADE Announces Enhanced Bond Resource Center

Retrieved on: 
Tuesday, May 25, 2021
Technology, Finance, Consulting, Banking, Professional services, Software, Other Education, Data management, Education, Other Professional Services, Finance, Money, Financial markets, Fixed income analysis, Securities Investor Protection Corporation, United States securities law, Bond, Security, Fixed income, Yield

The new Quick Ideas tool provides examples aligned with common bond investing objectives for those seeking conservative, high yield, or tax advantaged securities.

Key Points: 
  • The new Quick Ideas tool provides examples aligned with common bond investing objectives for those seeking conservative, high yield, or tax advantaged securities.
  • For customers who prefer mobile or tablet access, the redesigned Bond Resource Center is mobile responsive, arming users with fixed income resources at their fingertips.
  • With the new Bond Resource Center, were making fixed income investing more approachable through easy navigation and educational resources at every turn.
  • Securities products and services, including the Bond Resource Center, are offered by E*TRADE Securities LLC (Member SIPC).

Magnit Announces the Coupon Yield Payment

Retrieved on: 
Friday, May 21, 2021
Finance, Bond valuation, Fixed income analysis, Financial markets, Investment, Bond, Coupon, Magnit, Yield, Financial economics

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (May 21, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the 2nd coupon yield payment against bonds.\nPlease be informed that today PJSC "Magnit" fulfilled its obligation of the second coupon yield payment against bonds of the BO-002P-03 series in the amount of 441,300,000 rubles.\nNon-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-002P-03 series with centralized registration of rights, placed under the Program of the exchange-traded bonds with the identification number 4-60525-P-002P-02E of 27.06.2016, International Securities Identification Number (ISIN) RU000A101PJ1\nRegistration number of the securities issue and the date of its assignment:\nReporting (coupon) period which the yield is paid for:\nThe total amount of the interest to be paid against bonds:\nThe amount of the interest to be paid against one bond:\nThe total number of bonds against which the yield is paid:\nThe date of the obligation fulfilment:\nThe total amount of the interest paid against bonds following the reporting period:\nFollowing the 2nd coupon period the amount of 441,300,000.00 (four hundred and forty one million three hundred thousand) rubles was paid excluding tax and other deductions.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (May 21, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the 2nd coupon yield payment against bonds.\nPlease be informed that today PJSC "Magnit" fulfilled its obligation of the second coupon yield payment against bonds of the BO-002P-03 series in the amount of 441,300,000 rubles.\nNon-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-002P-03 series with centralized registration of rights, placed under the Program of the exchange-traded bonds with the identification number 4-60525-P-002P-02E of 27.06.2016, International Securities Identification Number (ISIN) RU000A101PJ1\nRegistration number of the securities issue and the date of its assignment:\nReporting (coupon) period which the yield is paid for:\nThe total amount of the interest to be paid against bonds:\nThe amount of the interest to be paid against one bond:\nThe total number of bonds against which the yield is paid:\nThe date of the obligation fulfilment:\nThe total amount of the interest paid against bonds following the reporting period:\nFollowing the 2nd coupon period the amount of 441,300,000.00 (four hundred and forty one million three hundred thousand) rubles was paid excluding tax and other deductions.
  • Obligation has been fulfilled.\n'