Question
Now that you have some preliminary information on each issuer, your next task is to ask your broker what bonds they have in stock. They
Now that you have some preliminary information on each issuer, your next task is to ask your broker what bonds they have in stock. They give you the following list of bonds with maturity date and yield to maturity.
Issuer
Maturity Date
Years To Maturity
Yield to Maturity
Apple
30-Jun-20
0.38
1.00
Apple
30-Jun-22
2.38
1.30
Apple
30-Mar-25
5.13
1.70
Apple
30-Mar-27
7.13
2.00
Apple
30-Sep-30
10.64
2.40
BHP
30-Mar-20
0.13
1.00
BHP
30-Sep-21
1.64
1.40
BHP
30-Dec-22
2.88
1.60
BHP
30-Jun-25
5.39
2.10
BHP
30-Jun-27
7.39
2.50
For reference, they have also included comparative information for the Australian Government bond curve.
Issuer
Maturity Date
Years To Maturity
Yield to Maturity
ACGB
30-Jun-21
1.38
0.50
ACGB
30-Jun-23
3.38
0.85
ACGB
30-Jun-25
5.39
1.00
ACGB
30-Jun-27
7.39
1.10
ACGB
30-Jun-29
9.39
1.10
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