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

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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 , , , , , , , , , | 12 Comments