Fixed income analysis

MAGNIT PJSC: Magnit announces the coupon yield payment and the redemption of the nominal value of the exchange-traded bonds

Retrieved on: 
Thursday, December 24, 2020
Bond valuation, Fixed income analysis, Finance, Financial markets, Money, Coupon, Bond, Magnit, Yield, Nominal yield

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.
  • Press Release | Krasnodar | December 24, 2020
    Krasnodar, Russia (December 24, 2020): PJSC Magnit (MOEX and LSE: MGNT), one of Russia's leading retailers, announces the coupon yield payment against bonds and the redemption of the nominal value of exchange-traded bonds.
  • Please be informed that today PJSC "Magnit" fulfilled its obligation of the third coupon yield payment in the amount of 391,400,000 rubles and the redemption of the nominal value of exchange-traded bonds of the BO-003P-03 series, and the second coupon yield payment in the amount of 329,100,000 rubles against bonds of the BO-003P-05 series.

Putnam Announces Multi-Class Distribution Rates for Open End Funds

Retrieved on: 
Wednesday, December 23, 2020
Banking, Professional services, Finance, Fixed income analysis, Financial markets, Yield, Income distribution, Economy, Economics

(a) Class A regular income distribution for High Yield Fund ($0.021 per share) and Income Fund ($0.012 per share) were announced on the 11/20/20 press release.

Key Points: 

(a) Class A regular income distribution for High Yield Fund ($0.021 per share) and Income Fund ($0.012 per share) were announced on the 11/20/20 press release.

T. Rowe Price Launches Short Duration Income Fund

Retrieved on: 
Monday, December 14, 2020
Finance, Financial markets, Money, Structured finance, Fixed-income securities, United States housing bubble, Bond valuation, Fixed income analysis, Bond, Mortgage-backed security, Fixed income, Asset-backed security

The fund, T. Rowe Price Short Duration Income Fund, serves as a complement to other T. Rowe Price low duration funds by targeting a higher tracking error than more traditional short duration funds, while also seeking to limit volatility through various market environments.

Key Points: 
  • The fund, T. Rowe Price Short Duration Income Fund, serves as a complement to other T. Rowe Price low duration funds by targeting a higher tracking error than more traditional short duration funds, while also seeking to limit volatility through various market environments.
  • The T. Rowe Price Short Duration Income Fund will invest in a wide range of fixed income securities, including corporates, government bonds, emerging market debt, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, bank loans, and derivatives.
  • The fund is designed for investors who are seeking a fixed income fund focused on short- duration bonds that delivers higher income potential than traditional short-term bond offerings.
  • We believe that the T. Rowe Price Short Duration Income Fund will add value to our line-up of short duration funds and that it can serve clients looking to complement riskier assets within a portfolio, but with the potential for a higher yield than traditional short-term bond strategies."

The Small Exchange Launches New 10-Year Treasury Yield Future

Retrieved on: 
Monday, December 7, 2020
Banking, Other Professional Services, Professional services, Finance, Futures markets, Finance, Futures contract, Fixed income analysis, Money, Investment, Futures exchange, Yield, Interest rate future, Small Exchange, Interactive Brokers Group, Inc., MarketAxess

The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, has launched Small Treasury Yield (S10Y) futures - the first product to afford customers the ability to trade treasury futures in yield not price.

Key Points: 
  • The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, has launched Small Treasury Yield (S10Y) futures - the first product to afford customers the ability to trade treasury futures in yield not price.
  • S10Y follows the 10-Year U.S. Treasury Yield, the most quoted interest rate in the US.
  • Small Treasury Yield futures simplify variables in an otherwise complex asset class down to a single, succinct interest rate so traders can skip the calculations that translate yield to price.
  • We believe the Small 10YR US Treasury Yield is a true differentiator in the futures space, and nothing like this is available for traders in the equity or ETF world, said Don Roberts, the Small Exchange President and CEO.

Ivy High Income Opportunities Fund Announces Monthly Distribution

Retrieved on: 
Tuesday, December 1, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Financial markets, United States housing bubble, Private equity, Investment, Fixed income analysis, Yield, Bond, High-yield debt, Rate of return

The distribution is expected to be paid from net investment income (regular interest and dividends).

Key Points: 
  • The distribution is expected to be paid from net investment income (regular interest and dividends).
  • Ivy High Income Opportunities Funds investment objective is to seek to provide total return through a combination of a high level of current income and capital appreciation.
  • The Fund seeks to achieve its investment objective by investing primarily in a portfolio of high yield corporate bonds of varying maturities and other fixed income instruments of predominantly corporate issuers, including first- and second-lien secured loans.
  • An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program.

UDR Prices $350 Million of 1.900% Senior Unsecured Medium-Term Notes Due 2033 and Announces Redemption of All Outstanding 3.750% Senior Unsecured Notes Due July 2024

Retrieved on: 
Monday, November 30, 2020
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Finance, Bond valuation, Money, Loans, Maturity, Swaps, Promissory note, Fixed income analysis

The notes were priced at 99.578% of the principal amount, plus accrued interest from December 14, 2020 to yield 1.939% to maturity.

Key Points: 
  • The notes were priced at 99.578% of the principal amount, plus accrued interest from December 14, 2020 to yield 1.939% to maturity.
  • Interest on the notes is payable semiannually on March 15 and September 15 with the first interest payment on March 15, 2021.
  • The notes will mature on March 15, 2033 unless redeemed prior to that date.
  • The Company also announced that it will redeem the remaining $183 million aggregate principal amount of its outstanding 3.750% medium-term notes due July 2024 (CUSIP No.

Magnit announces the coupon yield payment

Retrieved on: 
Friday, November 20, 2020
Finance, Magnit, Bond valuation, Fixed income analysis, Coupon, Bond, Yield, Investment, 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.
  • Press Release | Krasnodar | November 19, 2020
    Krasnodar, Russia (November 19, 2020): PJSC Magnit (MOEX and LSE: MGNT), one of Russia's leading retailers, announces the first coupon yield payment against bonds.
  • Please be informed that today PJSC "Magnit" fulfilled its obligation of the first coupon yield payment against bonds of the BO-002P-03 series in the amount of 441,300,000 rubles.

Magnit announces the coupon yield payment

Retrieved on: 
Tuesday, November 3, 2020
Finance, Magnit, Bond valuation, Fixed income analysis, Coupon, Bond, Yield, Investment, 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.
  • Press Release | Krasnodar | November 3, 2020
    Krasnodar, Russia (November 3, 2020): PJSC Magnit (MOEX and LSE: MGNT), one of Russia's leading retailers, announces the second coupon yield payment against bonds.
  • Please be informed that today PJSC "Magnit" fulfilled its obligation of the second coupon yield payment against bonds of the BO-003P-04 series in the amount of 344,100,000 rubles.

Wells Fargo Utilities and High Income Fund Announces Sources of Distribution

Retrieved on: 
Monday, November 2, 2020
Banking, Professional services, Finance, Finance, Money, Investment, Financial markets, Investment funds, Financial District, San Francisco, Wells Fargo, Bond market, Fixed income analysis, Bond fund, Yield, Companies listed on the New York Stock Exchange

The quoted distribution rate is a figure that uses the funds previous distribution to calculate an annualized figure.

Key Points: 
  • The quoted distribution rate is a figure that uses the funds previous distribution to calculate an annualized figure.
  • The distribution rate is calculated by annualizing the last distribution and then dividing by the period-ending NAV or market price.
  • The Wells Fargo Utilities and High Income Fund is a closed-end equity and high-yield bond fund.
  • Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company.

Ivy High Income Opportunities Fund Announces Monthly Distribution

Retrieved on: 
Monday, November 2, 2020
Professional services, Finance, Finance, Money, Economy, Financial markets, United States housing bubble, Private equity, Investment, Fixed income analysis, Yield, Bond, High-yield debt, Rate of return

The distribution is expected to be paid from net investment income (regular interest and dividends).

Key Points: 
  • The distribution is expected to be paid from net investment income (regular interest and dividends).
  • Ivy High Income Opportunities Funds investment objective is to seek to provide total return through a combination of a high level of current income and capital appreciation.
  • The Fund seeks to achieve its investment objective by investing primarily in a portfolio of high yield corporate bonds of varying maturities and other fixed income instruments of predominantly corporate issuers, including first- and second-lien secured loans.
  • An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program.