What were the bid price, ask price, and yield to maturity of the 4% May 2014 Treas-
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What were the bid price, ask price, and yield to maturity of the 4¾% May 2014 Treas- 2.1 ury note displayed in Figure 2.4? What was its ask price the previous day?
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U.S. Government Bonds and Notes Representative Over-the-Counter quotation based on transactions of $1 million or more. Treasury bond, note and bill quotes are from midafternoon. Colons in bond and note bid-and-asked quotes represent 32nds; 101:01 means 101/2. Net change in 32nds. n-Treasury Note. Hinflation-indexed issue. Treasury bill quotes in hundredths, quoted in terms of a rate of discount. Days to maturity calculated from settlement date. All yields are to maturity and based on the asked quote. For bonds callable prior to maturity, yields are computed to the earliest call date for issues quoted above par and to the maturity date for issues quoted below par. *-When issued. Daily change expressed in basis points. RATE 3.375 3.125 2.250 MATURITY MO/YR Jan 07i Jan 07n Feb 07n 6.250 Feb 07m 3.375 Feb 07n 3.750 Mar 07n 3.875 Feb 13n 3.625 May 13 1.875 Jul 131 4.250 Aug 13m 12.000 Aug 13 BID ASKED CHG 99:28 99:29 99:27 99:28 99:21 99:22 100:04 100:05 99:23 99:24 99:21 99:22 96:06 96:07 +8 94:23 94:24 +8 97:01 +1 98:01 +9 111:05 97:00 98:00 111:04 ASK YLD RATE 6.72 4.62 4.89 4.73 4.90 4.99 4.59 4.58 MATURITY MO/YR Nov 13m Jan 14i Feb 14m 4.750 May 14m 13.250 May 14 2.000 Jul 14i Aug 14m Aug 14 Nov 14 Nov 14 Jan 15i 2.37 4.60 +2 4.71 4.250 2.000 4.000 4.250 12.500 11.750 4.250 1.625 ASK YLD BID ASKED CHG 97:29 97:30 +10 4.60 97:16 97:17 +2.38. 96:09 96:10 +10 4.61 100:26 100:27 +9 4.61 119:02 119:03 +4 4.61 97:14 97:15 2.37 97:21 97:22 +10 4.61 119:04 119:05 +4 4.62 118:30 118:31 +6 4.59 97:19 97:20 +9 4.61 94:18 94:19 +1 2.37 FIGURE 2.4 Listing of Treasury issues Source: From The Wall Street Journal, January 5, 2007. Reprinted by permission of Dow Jones & Company, Inc. via Copyright Clearance Center, Inc. © 2007 Dow Jones & Company, Inc. All Rights Reserved Worldwide.
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Essentials Of Investments
ISBN: 9780073368719
7th Edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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