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Politics : Formerly About Advanced Micro Devices
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To: Paul Engel who wrote (28258)2/2/1998 4:53:00 PM
From: Aaron Cooperband  Read Replies (1) of 1572384
 
Paul -

Re: "By the way - where do I get quotes on that AMD Senior Notes you have?"

My Bloomberg quotes the 11% notes of 8/1/03 at 107.56 bid 108.46 offered. They are yielding 9.22% bid and 9.02% offered at these prices. Frequently BB uses matrix pricing, so these prices may not be 100% accurate, but they are probably approximately right.

Aaron

PS - Since 5 year US Treasuries are trading at around 5.43%, I would say that this pricing shows that the market believes these bonds are not without risk!
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