RE:RE:RE:RE:RE:RE:New Approach on LTD.Sorry raphaelle2, I worded that poorly. I was thinking of early tender payment when I said early redemption. Right now, the make whole premium on redemptions works out to about 3.3% (based on Treasury rate of ~0.05%). The tender offers end up in the 5-6% range due to the extra $30 per $1000 early payment.
Jim
raphaelle2 wrote:
Oups!!! 50/1,000 is 5%. Sorry my mistake.You are right.