BPO.PR.L Closes Firm on Heavy Volume

BPO.PR.L, the new FixedReset 6.75%+417 announced August 21 has closed smoothly.

The issue traded 898,182 shares in range of 25.02-30 before closing at 25.03-05, 20×75.

BPO.PR.L FixedReset 898,182 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2039-09-24
Maturity Price : 24.98
Evaluated at bid price : 25.03
Bid-YTW : 6.74 %

BPO.PR.L is tracked by HIMIPref™ but relegated to the Scraps index on credit concerns.

This entry was posted on Thursday, September 24th, 2009 at 7:44 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “BPO.PR.L Closes Firm on Heavy Volume”

  1. PrefBlog » Blog Archive » BPO: Issuer Bid for Retractibles? says:
    December 8, 2009 at 11:30 pm

    […] the FixedReset, has been insanely expensive since its opening date, yielding less, with a lower chance of 5-year maturity, than the […]

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