Fixed income analysis

Bank of Montreal Announces Quarterly Coupon Amount for the Dorsey Wright MLP Index ETN

Retrieved on: 
Wednesday, September 23, 2020
Finance, Money, Investment, Fixed income analysis, Investment advisory, Coupon, Yield

The Coupon Amount per Note and Current Yield are not indicative of future coupon payments, if any, on the Notes.

Key Points: 
  • The Coupon Amount per Note and Current Yield are not indicative of future coupon payments, if any, on the Notes.
  • Please read those documents and the other documents relating to this offering that Bank of Montreal has filed with the SEC for more complete information about Bank of Montreal and this offering.
  • Nasdaq Dorsey Wright ("Dorsey Wright") is a registered investment advisory firm based in Richmond, Virginia.
  • Since 1987, Dorsey Wright has been an advisor to financial professionals on Wall Street and investment managers worldwide.

Verizon announces separate private exchange offers for (i) 7 series of notes for up to $750 million of new notes and (ii) 10 series of notes for up to $2 billion of new notes and, if applicable, cash

Retrieved on: 
Monday, September 21, 2020
Business, Articles, Financial law, Fixed income analysis, Economy, Accounts payable, Liability, Payment, Business law, Bond valuation, Bond

The Long-Dated Total Exchange Price does not include the applicable Accrued Coupon Payment, which will be payable in cash in addition to the applicable Long-Dated Total Exchange Price.

Key Points: 
  • The Long-Dated Total Exchange Price does not include the applicable Accrued Coupon Payment, which will be payable in cash in addition to the applicable Long-Dated Total Exchange Price.
  • The Long-Dated Cash Amount does not include the applicable Long-Dated Accrued Coupon Payment on the Long-Dated Old Notes accepted for exchange, which will be payable in addition to the applicable Long-Dated Total Exchange Price or Long-Dated Exchange Price.
  • Both the Total Exchange Price and the Exchange Price payable with respect to a series of Long-Dated Old Notes are payable in principal amount of 2056 New Notes and the applicable Long-Dated Cash Amount, if any.
  • This announcement is not an offer to purchase or a solicitation of an offer to purchase any Old Notes.

Overbond launches real-time AI bond pricing trading product

Retrieved on: 
Thursday, September 17, 2020
Fixed income analysis, Overbond, Fixed income, Applications of artificial intelligence, Bond

MONTREAL andTORONTO and NEW YORK, Sept. 17, 2020 /PRNewswire/ --Overbond Ltd., a fixed income analytics solution provider, today announced the launch of COBI-Pricing LIVE, the company's powerful new real-time AI bond pricing product.

Key Points: 
  • MONTREAL andTORONTO and NEW YORK, Sept. 17, 2020 /PRNewswire/ --Overbond Ltd., a fixed income analytics solution provider, today announced the launch of COBI-Pricing LIVE, the company's powerful new real-time AI bond pricing product.
  • "Both sell side dealers and buy side asset managers are increasingly relying on AI applications to price fixed income securities in live trading and automate part of their daily workflows," says Vuk Magdelinic, CEO of Overbond.
  • The Overbond platform first sources raw live trading and fundamental data from a range of suppliers.
  • Enables fully automated bond trading workflow with various curve visualizations and front-end trade analytics tools that are integrated with the trader's desktop.

Overbond launches real-time AI bond pricing trading product

Retrieved on: 
Thursday, September 17, 2020
Finance, Money, Fixed income analysis, Financial markets, Fixed income, Bond, Overbond

With a three-second refresh rate, COBI-Pricing LIVE is a robust, customizable AI pricing engine designed to assist traders in automating pricing and trading workflows for global investment grade bonds

Key Points: 
  • With a three-second refresh rate, COBI-Pricing LIVE is a robust, customizable AI pricing engine designed to assist traders in automating pricing and trading workflows for global investment grade bonds
    MONTREAL andTORONTO and NEW YORK, Sept. 17, 2020 /PRNewswire/ --Overbond Ltd., a fixed income analytics solution provider, today announced the launch of COBI-Pricing LIVE, the company's powerful new real-time AI bond pricing product.
  • Bond markets suffer from illiquidity and non-uniform data sources used to price bonds and build credit curves, and fixed income traders require accurate bond pricing that can measure the liquidity of individual securities and enable automatic execution.
  • "Both sell side dealers and buy side asset managers are increasingly relying on AI applications to price fixed income securities in live trading and automate part of their daily workflows," says Vuk Magdelinic, CEO of Overbond.
  • Enables fully automated bond trading workflow with various curve visualizations and front-end trade analytics tools that are integrated with the trader's desktop.

Magnit announces the coupon yield payment

Retrieved on: 
Friday, September 4, 2020
Finance, Magnit, Bond valuation, Fixed income analysis, Financial markets, Coupon, Bond, Investment, 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.
  • Press Release | Krasnodar | September 3, 2020
    Krasnodar, Russia (September 3, 2020): PJSC Magnit (MOEX and LSE: MGNT), one of Russia's leading retailers, announces the 1st coupon yield payment against bonds.
  • Please be informed that today PJSC Magnit fulfilled its obligation of the 1st coupon yield payment against bonds of the BO-002P-01 series in the amount of 463,800,000 rubles.

Wells Fargo Utilities and High Income Fund Announces Sources of Distribution

Retrieved on: 
Tuesday, September 1, 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.

Mulvihill Premium Yield Announces Semi-Annual Results

Retrieved on: 
Thursday, August 27, 2020
Finance, Money, Investment, Fixed income analysis, Yield, Investment management, Dividend, Shareholder yield, Investment funds

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Mulvihill Premium Yield Fund (the Fund) announces results of operations for the period ended June 30, 2020.

Key Points: 
  • TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Mulvihill Premium Yield Fund (the Fund) announces results of operations for the period ended June 30, 2020.
  • The Fund will use a quantitative approach to primarily select securities that generate strong free cash flow and have a high shareholder yield, utilizing measures such as dividends and share buybacks.
  • The Fund seeks to achieve a 5 percent yield, with additional capital growth potential beyond such yield target.
  • The Funds investment portfolio is managed by its investment manager, Strathbridge Asset Management Inc.

Magnit announces the coupon yield payment

Retrieved on: 
Tuesday, August 25, 2020
Finance, Magnit, Bond valuation, Fixed income analysis, Financial markets, Coupon, Bond, Investment, 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.
  • Press Release | Krasnodar | August 25, 2020
    Krasnodar, Russia (August 25, 2020): PJSC Magnit (MOEX and LSE: MGNT), 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 3rd coupon yield payment against bonds of the BO-003P-02 series in the amount of 423,800,000 rubles.

PJSC RusHydro: RusHydro paid coupons on series 08 bonds

Retrieved on: 
Thursday, August 6, 2020
Finance, Money, Investment, Bond valuation, Fixed income analysis, Bond, Financial markets, Coupon, Yield, Security

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has paid coupons on series 08 bonds (identification number 4-08-55038-E of December 27, 2012).

Key Points: 
  • PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has paid coupons on series 08 bonds (identification number 4-08-55038-E of December 27, 2012).
  • Total number of the issuer's securities (number of bonds of the corresponding issue (series), yield upon which was payable): two hundred and ninety-eight thousand five hundred and eighty-six (298,586) Bonds.
  • Date as of which the persons entitled to receive yield paid upon the issuer's securities were determined: August 05, 2020.
  • If yield upon the Issuer's securities was not paid in full by the Issuer, please specify the reasons for such nonpayment: yield upon the Bonds for the 15th coupon period has been paid in full.

PJSC RusHydro: RusHydro paid coupons on series 07 bonds

Retrieved on: 
Thursday, August 6, 2020
Finance, Money, Investment, Bond, Bond valuation, Fixed income analysis, Financial markets, Coupon, Yield, Security

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has paid coupons on series 07 bonds (identification number 4-07-55038-E of December 27, 2012).

Key Points: 
  • PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has paid coupons on series 07 bonds (identification number 4-07-55038-E of December 27, 2012).
  • Total number of the issuer's securities (number of bonds of the corresponding issue (series), yield upon which was payable): one million eight hundred and ninety-seven thousand and fifty-one (1,897,051) Bonds.
  • Date as of which the persons entitled to receive yield paid upon the issuer's securities were determined: August 05, 2020.
  • If yield upon the Issuer's securities was not paid in full by the Issuer, please specify the reasons for such nonpayment: yield upon the Bonds for the 15th coupon period has been paid in full.