Replies to post #2943 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[td31]

not to say they couldnt be worth 100, but i always assumed for scottrade they were parts of one bond. in my case, it would take 100 for a whole bond. just my thoughts though. i would love to be wrong though as i was in that crazy hail storm last week and need a new car.

im on my cell phone or i would check. i believe someone said that it seems each broker is representing them differently. this would be my guess at the confusion. as for the recent bond sales, i would totally sell each of my bonds for 100 if that were the case. i was waiting for this dividend to confirm what we really had. seems the unicorns arent coming yet

[iPrelude]

[Donotunderstand]

side draft

all the same

count the full value as one dollar par

or some companies - brokerages always think of a bond as 1000 par

so if you have 4567 you have 4567 bonds at 1 and 4.567 at 1000

now - the par might also be 100 - but that is NOT proved by the 100 you saw re trading

that is a percent of par

all bonds trade at percent of par

a 1000 dollar bond at 98 is 9800
a 1000 dollar bond at 102 is 10200

a 1 dollar bond at 98 is 98 cents
a 1 dollar bond at 102 is 1.02 dollars

now seeing 100 may also mean 100% of 100

when you look at a trading history - use % or hundreths

when you look at statment get your value from about 35% of 11 x H shares or .37 x of 10.66 x H shares --- all about the same

cool part is you will get cash dividends and also the latest commutation of an insurance reserve (WMMRC to keep a lot of money and insured company to get some and reinsurance is dead) will send us cash .... when such cash equals 100 (or 100% of the number you see then they have redeemed our bonds.... that is their objective as they (LT) have no love of paying 13% interest

I want it this way as who knows the redemption value 0 to 100% in x years from now ... lets go 4 years - get 52% (on a decling base of capital) and slowly be redeemed out at 100% of the value received (35% of 10.7-11 for each H share)

some different non WMMRC but LT money will cover the other 65% such as the CA tax settlement as I hear and understand

[td31]

They finally put my payment in. I got the same.

13% annual

- this was a quarterly payment based off of $1