3 ms·
The article doesn't say what the coupon on the bonds are for various maturities, but they are most likely extremely low yielding. I quote Bill Gross of Pimco in
by hkmurakami 14y ago
The article doesn't say what the coupon on the bonds are for various maturities, but they are most likely extremely low yielding. I quote Bill Gross of Pimco in labeling these as a poor investment choice.
Gross: Here -take my money Mr Lew, Buffett, Ballmer, Cook. I’m ur beast of burden - provider of ur free lunch - a non-thinking bond investor
https://twitter.com/PIMCO/status/332501401613770752 https://twitter.com/PIMCO/status/332501401613770752
- tanzam75 14y ago1.5% coupon for 5 years. Note that these are convertible bonds, not regular bonds. The interest rate is reduced by the implied price of the warrant.