Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 16, 2024

On the new issuance, Market is expecting 25bp premium to secondary market. What would be the expected auction yield/price of new treasury bond? TRT250823F10 -

On the new issuance, Market is expecting 25bp premium to secondary market. What would be the expected auction yield/price of new treasury bond?

TRT250823F10 - USD Denominated Fixed Coupon Rate General Information Press Release 24.08.2020 Order Book 26.08.2020 Settlement Date 28.08.2020 Maturity (Days) 1092 ISIN Code TRT250823F10 Maturity Date 25.08.2023 Periodic Coupon Rate (6 Months) 1,87% Payment Dates 1st Coupon Payment 26.02.2021 2nd Coupon Payment 27.08.2021 3rd Coupon Payment 25.02.2022 4th Coupon Payment 26.08.2022 Sth Coupon Payment 24.02.2023 6th Coupon Payment 25.08.2023 Maturity Local Bank USD Deposit Rates 1M 0.70% 3M 1.00% Secondary Market Price Yield Z-Spread 101.00 3.89 3.55 TURKEY 5 % 03/30/21 Corp TURKEY 4 % 04/11/23 Corp 102.360 3.16 3.59 TURKEY 7 % 02/05/25 Corp 103.50 6.45 6.15 TRT250823F10 - USD Denominated Fixed Coupon Rate General Information Press Release 24.08.2020 Order Book 26.08.2020 Settlement Date 28.08.2020 Maturity (Days) 1092 ISIN Code TRT250823F10 Maturity Date 25.08.2023 Periodic Coupon Rate (6 Months) 1,87% Payment Dates 1st Coupon Payment 26.02.2021 2nd Coupon Payment 27.08.2021 3rd Coupon Payment 25.02.2022 4th Coupon Payment 26.08.2022 Sth Coupon Payment 24.02.2023 6th Coupon Payment 25.08.2023 Maturity Local Bank USD Deposit Rates 1M 0.70% 3M 1.00% Secondary Market Price Yield Z-Spread 101.00 3.89 3.55 TURKEY 5 % 03/30/21 Corp TURKEY 4 % 04/11/23 Corp 102.360 3.16 3.59 TURKEY 7 % 02/05/25 Corp 103.50 6.45 6.15

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Auditing and Other Assurance Services

Authors: Ray Whittington, Kurt Pany

19th edition

978-0078025617

Students also viewed these Finance questions

Question

The following table shows the distribution of uric acid determinations taken on 250 patients. Test the goodness-of-fit of these data to a normal distribution with m 5:74 and s 2:01. Let a .01....

Answered: 1 week ago

Question

★★★★★

McEnroe Company has 20 executives to whom it grants compensatory share options on January 1, 2007. At that time it grants each executive the right to purchase 100 shares of its $5 par common stock at...

Answered: 1 week ago

Question

★★★★★

You have been appointed as the Government Risk Czar for Ghana, write a risk policy paper to the Bank of Ghana, Ministry of Finance and the Presidency convincing these three key stakeholders why Ghc...

Answered: 1 week ago

Question

★★★★★

Through the picture, find out - a and b(b1,b2,b3) interpretation (explain), R and Adjusted R (explain) , hypothesis test and f test(Explain) (This is a basic statistics course. Questions Based on -...

Answered: 1 week ago

Question

★★★★★

Soren's favorite cereal is on sale. A 20-ounce box costs $4.59. A smaller, 12-ounce box costs $2.52. Complete the statements to describe which box costs less per ounce. 0 answers

Answered: 1 week ago

Question

★★★★★

Locate an article that addresses DRM (Digital Rights Management) Identify how DRM is being used. Discuss the content holder's reasoning for implementing (or not implementing) DRM on the content....

Answered: 1 week ago

Question

★★★★★

Figure 1 shows a cabling system that will be used to support utility poles that are to be installed in your companies factory. The pole is a steal pipe and will be supported by a pair of cables at...

Answered: 1 week ago

Question

★★★★★

Kurt and Amy work in the same position. Between the hours of 8 AM and 5 PM, one of them must be working at all times. This ensures that someone is always available to handle customer requests. Kurt...

Answered: 1 week ago

Question

★★★★★

The Australian wheat market: Australia is a key producer of wheat, supplying large amounts to the international market. *Draw a simple model of the market for wheat globally, and in Australia (draw...

Answered: 1 week ago

Previous Question Next Question