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Tag Archives: Callable Premium Bonds
Taming Premium Bonds
The Bond Buyer published my commentary Taming Premium Bonds earlier today. Although callable premium bonds are very popular in the municipal market, I argue that they hurt issuers and the market. Market rules dictate that the proceeds to the issuer compensate only for high … Continue reading
Puzzle #4: Bond Pricing
Here’s another puzzle I’ve used to teach bond math. It’s not hard, but it requires some understanding of bond concepts that I will explain as we go (I beg the patience of bond mavens). Suppose you are the financial advisor … Continue reading
Posted in Bonds, Fun, Math, Puzzles
Tagged Bond Math Puzzle, Callable Premium Bonds, Finance Math Puzzle, Financial Math, Math, Price to Call, Price to Maturity, Puzzle, Puzzle #4, Yield to Maturity
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