Corporate Bonds

Archive for September, 2007

Question: Will corporate America's welfare check just go to the Russians?

MOSCOW (AFP) - Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday.
"The bonds in which we have invested have not incurred losses but instead have made us more than a billion dollars in the last six months," Russian Finance Minister Alexei Kudrin was quoted as saying by Ria Novosti news agency.http://ca.news.yahoo.com/s/afp/080819/business/russia_us_stocks_finance_1
By Stephen Bernard And Alan Zibel, The Associated Press
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NEW YORK - Shares of Fannie Mae and Freddie Mac lost more than a quarter of their value on Wednesday as fears mounted that the U.S. mortgage financiers will soon need government support and any bailout would hang stockholders out to dry. http://ca.news.yahoo.com/s/capress/080820/business/mortgage_giants_crisis_5

Answer: Yes of course. Capitalism has no nationality. Nation states are tools to keep the working class divided and concentrations of wealth shielded from social justice.

The working class cannot defend its vital interests through pressure on the Democrats or any other institution of the American plutocracy. In the coming class battles, it must organize itself as an independent political force to fight for the socialist reorganization of society, including the transformation of the banks and finance houses into public utilities under the democratic control of the working population.

http://www.wsws.org/articles/2008/jul2008/bail-j15.shtml

In-Depth Look -Newly Issued Corporate Bonds Outperform - Bloomberg

Q: What does tracers stand for?

A: Tracers stands for Traded Custody Receipts.

What are tracers? What are the benefits of tracers?

TRACERS (Traded Custody Receipts) can deliver a regular income stream, investment diversification, plus a scheduled return of principal in a single exchange traded product.

Tracers provide individual investors the opportunity to own an interest in a investment portfolio of approximately 20-30 Corporate Bonds.

How does a tracers work as an investment?

Owners of the TRACERS will get the benefits (and the risks) of owning a proportionate share of the portfolio of underlying Corporate Bonds.

What are corporate bond tracers?

Since Corporate Bond TRACERS will have fixed rate coupons (paid either monthly, quarterly or semi-annually) and a stated principal repayment schedule, investors will know in advance the amounts and timing of scheduled interest and principal payments.

Corporate bond funds and other mutual funds typically do not provide the benefits of scheduled principal repayment dates and fixed periodic interest payments.