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Net54baseball.com Forums - View Single Post - Auction Houses-Going, Going..Gone?
Thread: Auction Houses-Going, Going..Gone?
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Old 02-09-2009, 08:47 PM
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Default Auction Houses-Going, Going..Gone?
Posted By: Joe B.

OT - but who are the several NYSE listed companies paying 15% coupons on their bonds? That's not true at all. The yield you can earn by purchasing a bond at a discount in a secondary market is totally different than the coupon a company pays to issue debt. Only the sketchiest of companies have coupons around 10% (sure they are NYSE listed but that's a pretty low bar) and none pay 15%.

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