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Re: codes4real post# 242148

Thursday, 01/19/2012 9:04:25 AM

Thursday, January 19, 2012 9:04:25 AM

Post# of 326352
True, but I had read on this board some time ago that the conversion reset px was around a 30-40% discount to the fixing dates. Had not seen the actual terms myself, just what people had relayed on. Taking that into account, I thought the 14% yield was too steep. Anytime I had those discounts, I usually had a zero coupon. Curious if you have seen actual fixing terms? Thanks