RE:RE:RE:Debentures new All Time Low @91.00 on massive volume So the fact is 17.5% of debentures outstanding traded to a new all time low with $9 Million traded yesterday.
Debentures were issued at 6% and the dividend yield was at 2%. A 3:1 ratio.
The dividend is yielding 3% now. And the debentures are only at 6.5% yield. Debentures should be yielding at a minimum 9-10% here.