5,375% Pacific bond (2019)Last 21.80
Change +5.27
Change in % + 31.881%
Bonds seems to see some light at the end of the tunnel...
Greed was what happened yesterday, if Deusthe bank says price traget of 2.90 cad. why some ppl assume it will get to the sky...NO WAY JOSE..!!
again, at this point we are at oil prices mercy...no matter what we think, the oil must recover to see better prices. and if the bonds continue to recover from this prices, we can assume a covenants extension.
if you want to gamble, PRE has always a chair for u..