I sold another bond today.
music selection: “The Air That I Breathe” — All That Remains
I’ve had a good till canceled order open on the Natural Resource Partners bond for awhile and today it finally cleared. I originally purchased the bond on 20NOV2015. I paid 68 cents on the dollar, 2 dollars in commissions, and 27.38 in accrued interest for two units. Today, I sold for 85 cents on the dollar. I paid 7.75 in commissions and received 65.40 in accrued interest. I also received 45.62 in coupon payments during the holding period. The trade was in force for 259 days and yielded 41.98% on an annualized basis.
Devour your prey raptors!