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hub2011

01/19/12 9:04 AM

#242150 RE: codes4real #242148

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