Zions Direct Corporate Bond Market Snapshot for Week Ending March 8, 2013 - Siouxland News - KMEG 14 and FOX 44

Zions Direct Corporate Bond Market Snapshot for Week Ending March 8, 2013

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SOURCE Zions Direct

Auction results and TRACE trade data for the week of March 4, 2013 to March 8, 2013

SALT LAKE CITY, March 13, 2013 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase corporate bonds in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned over $2 billion in more than 8,000 fixed-income auctions.

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Corporate Bond Auction Results (auction data from auctions.zionsdirect.com)

Issuer

Term

Rating

Auction Yield

ConocoPhillips

1 Month

A

0.63%

Oracle Corp

1 Month

A

0.81%

ConocoPhillips

1 Month

A

0.82%

Caterpillar Fin Srvcs

1 Month

A

0.90%

JP Morgan Chase & Co.

2 Month

A

0.72%

General Electric Capital Corp

2 Month

AA

0.79%

Philip Morris Intl Inc

2 Month

A

0.97%

Wells Fargo (Wachovia Corp)

2 Month

A

0.98%

Target Corp

3 Month

A

0.99%

Autozone Inc.

3 Month

BBB

1.00%

NYSE Euronext

4 Month

A

0.89%

Time Warner Cable Inc

4 Month

BBB

0.90%

HSBC Finance Corp

4 Month

BBB

1.24%

3M Company

5 Month

AA

0.67%

Walgreen Co

5 Month

BBB

0.89%

Citigroup, Inc.

5 Month

BBB

1.27%

General Electric Capital Corp

6 Month

AA

0.97%

Hewlett-Packard Co

6 Month

BBB

1.21%

Caterpillar Fin Srvcs

7 Month

A

0.67%

Morgan Stanley

7 Month

BBB

1.27%

Morgan Stanley

7 Month

BBB

1.29%

Bottling Group LLC / Pepsi BG

8 Month

A

0.99%

Honeywell International

11 Month

A

0.90%

Pepsico Inc

1 Year

A

1.00%

Wal-Mart Stores Inc

13 Month

AA

0.90%

Morgan Stanley

13 Month

BBB

1.35%

Zions Direct, in conjunction with BondDesk Group LLC, regularly publishes a Market Snapshot for investors to help understand the current bond market, summarizing current weighted-average yields of investment-grade municipal and corporate bonds.

ZIONS DIRECT / BONDDESK® MARKET SNAPSHOT
Corporate Bonds' Average Yields Trade Data* (source: FINRA's TRACE)


2013

2014

2015

2016

2018

2020

2023

Rating

<9mo

1 yr

2 yr

3 yr

5 yr

7 yr

10 yr

AAA

0.19%

0.22%

0.00%

0.62%

1.08%

2.05%

2.63%

AA

0.24%

0.37%

0.56%

0.84%

1.33%

2.32%

2.89%

A

0.36%

0.47%

0.70%

0.95%

1.73%

2.49%

2.98%

BBB

0.66%

0.93%

1.23%

1.86%

2.28%

3.54%

3.70%

*Terms are defined as follows: < 9 months = anything up to .75 years to maturity; 1 year = anything greater than 0.75 years up to 1.5 years to maturity; 2 years = anything greater than 1.5 years up to 2.5 years to maturity; 3 years = anything greater than 2.5 years up to 4 years to maturity; 5 years = anything greater than 4 years up to 6 years to maturity; 7 years = anything greater than 6 years up to 8.5 years to maturity; 10 years = anything greater than 8.5 years up to 11.5 years to maturity.

THE INFORMATION IN THE MARKET SNAPSHOT IS NOT INTENDED TO SERVE AS THE BASIS FOR INVESTMENT DECISIONS. PAST PERFORMANCE IS NOT AN INDICATION OF FUTURE RESULTS.

For more information about Zions Direct and to sign up to receive the free weekly e-newsletter, visit zionsdirect.com. This and past Market Snapshots can be found at think.zionsdirect.com.

Market Snapshot Information Disclaimer
TRACE bond trade data displayed as weighted average yield. Corporate bond information from FINRA's Trade Reporting and Compliance Engine (TRACE) as of March 8, 2013. The Trade Data was developed by BondDesk Group based on trade reporting information from TRACE, and excludes transactions in callable and floating-rate coupon bonds. Auction information from auctions.zionsdirect.com as of March 8, 2013. The aggregate rating for each bond is based on average ratings from Moody's and S&P (when available).

Although information in this Market Snapshot is believed to be reliable, Zions Direct and BondDesk make no express or implied warranties of any kind regarding this information, including as to its accuracy or completeness. Auction data excludes bonds in undersubscribed auctions. Any specific weekly results may be heavily influenced by large, atypical volatility, trade volume, or other unusual investing events.

Investment products and services offered through Zions Direct, member of FINRA/SIPC.

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Zions Direct is a wholly owned non-bank subsidiary of Zions Bank.

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