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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Comment by kidl2on Apr 06, 2007 6:38am
226 Views
Post# 12560934

RE: Warrants,they are chasing now

RE: Warrants,they are chasing nowMagnum: The cash ($1.80) for each converted warrant goes to Silverstone since they issue the corresponding shares from the treasury. Your “new” shares are tradable immediately / as soon as your broker completes the conversion; i.e. the warrants are deleted from your holdings and the shares are added. I am not aware of a “conversion progress report” internet site. SST will have this information since they have to issue the corresponding shares. If there is such a site, I’d love to hear about it. A word of caution: Leave yourself / your broker a bit of time for the conversion; i.e. place the conversion order a couple of weeks prior to the expiry date and monitor your account to ensure that the transaction gets recorded prior to the expiry date. Cheers and Happy Easter to all kidl
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