{"id":464,"date":"2007-01-10T18:40:13","date_gmt":"2007-01-10T22:40:13","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=464"},"modified":"2007-01-10T18:40:13","modified_gmt":"2007-01-10T22:40:13","slug":"bnaprc-off-to-a-sorry-start","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=464","title":{"rendered":"BNA.PR.C Off to a Sorry Start!"},"content":{"rendered":"<p>I was surprised at the hostile reception accorded BNA.PR.C, the new issue that settled today after being\u00a0<a href=\"http:\/\/www.prefblog.com\/?p=415\">announced December 20<\/a>.<\/p>\n<p>It traded in a fairly narrow range, 24.70-85, on heavy volume of 798,550 shares. The closing quotation was 24.74-78, 10&#215;10.<\/p>\n<p>More later.<\/p>\n<p><b>Much later, more<\/b>: I&#8217;ve uploaded the <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/01\/J5_070110.pdf\">Split-Share sub-Index Portfolio Evaluation<\/a>. Interested readers should be able to tell with a glance at the &#8220;Yield-to-Worst&#8221; column (and a peek at the &#8220;Modified Duration &#8211; Yield to Worst&#8221; column) that I do have <i>some<\/i> basis for considering this issue undervalued!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I was surprised at the hostile reception accorded BNA.PR.C, the new issue that settled today after being\u00a0announced December 20. It traded in a fairly narrow range, 24.70-85, on heavy volume of 798,550 shares. The closing &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-464","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=464"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/464\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}