Tag Archives: Callable Premium Bonds

Taming Premium Bonds

Posted on August 10, 2016 by Win Smith

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 →

Posted in Bonds | Tagged , , | 2 Comments

Puzzle #4: Bond Pricing

Posted on July 7, 2011 by Win Smith

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