Think http://think.zionsdirect.com Fri, 17 May 2013 21:19:20 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 4 Points to Know About Gift Taxes http://think.zionsdirect.com/2013/05/17/4-points-to-know-about-gift-taxes/ http://think.zionsdirect.com/2013/05/17/4-points-to-know-about-gift-taxes/#comments Fri, 17 May 2013 21:19:20 +0000 Zions TV http://think.zionsdirect.com/?p=17193


Do you know the difference between a Gift Tax and an Estate Tax? Do you understand the laws that have been changed concerning these taxes? Dirk Samson, of Western National Trust Company, explains what these taxes are and how the new laws may apply to you. Read More]]>

Do you know the difference between a Gift Tax and an Estate Tax? Do you understand the laws that have been changed concerning these taxes? Dirk Samson, of Western National Trust Company, explains what these taxes are and how the new laws may apply to you.

]]> http://think.zionsdirect.com/2013/05/17/4-points-to-know-about-gift-taxes/feed/ 0 Zions Direct Corporate Bond Market Snapshot for Week Ending May 10, 2013 http://think.zionsdirect.com/2013/05/15/zions-direct-corporate-bond-market-snapshot-for-week-ending-may-10-2013/ http://think.zionsdirect.com/2013/05/15/zions-direct-corporate-bond-market-snapshot-for-week-ending-may-10-2013/#comments Wed, 15 May 2013 15:00:08 +0000 Russell Fisher http://think.zionsdirect.com/?p=17172 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 9,000 fixed-income auctions. Read More]]> Auction results and TRACE trade data for the week of May 6, 2013 to May 10, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

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

Issuer Term Rating Auction Yield
Genworth Global Funding Trusts 1 Month A 0.86%
Target Corp 1 Month A 1.04%
John Deere Capital Corp 2 Month A 0.86%
Goldman Sachs Group Inc 2 Month A 0.86%
E.I. Du Pont de Nemours 2 Month A 0.95%
American Express Co 2 Month BBB 1.02%
CME Group Inc 3 Month AA 0.86%
Caterpillar Fin Srvcs 3 Month A 0.86%
Credit Suisse USA Inc 3 Month A 0.98%
Bank of America Corp 3 Month BBB 1.00%
American Elec Pwr / Ohio Power Co 4 Month BBB 0.90%
PacifiCorp 4 Month A 0.97%
General Electric Capital Corp 4 Month AA 0.99%
Corning Inc 4 Month BBB 1.02%
Morgan Stanley 5 Month BBB 1.00%
Mondelez / Formerly Kraft Foods Inc. 5 Month BBB 1.13%
BP Capital Markets PLC 6 Month A 0.99%
Caterpillar Fin Srvcs 7 Month A 0.84%
Vodafone Group PLC 7 Month A 1.02%
Comcast Corp 8 Month A 1.02%
Pfizer Inc / Wyeth 9 Month A 0.90%
ConocoPhillips 9 Month A 0.94%
Verizon Wireless/Cellco Partn 9 Month A 1.00%
Eli Lilly & Co 10 Month A 0.94%
Hewlett-Packard Co 10 Month BBB 1.26%
Bank of America Corp 1 Year BBB 1.35%
Vodafone Group PLC 13 Month A 1.10%
Bank of America Corp 13 Month BBB 1.14%
JPMORGAN CHASE & CO 13 Month A 1.20%
Hewlett-Packard Co 13 Month BBB 1.44%



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 0.16% 0.26% 0.36% 0.55% 1.09% 1.92% 2.45%
AA 0.26% 0.32% 0.58% 0.78% 1.24% 2.35% 2.62%
A 0.35% 0.43% 0.62% 0.93% 1.58% 2.44% 2.87%
BBB 0.60% 0.80% 1.23% 1.67% 2.36% 3.26% 3.58%

*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 May 10, 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 May 10, 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.


-end-

]]> http://think.zionsdirect.com/2013/05/15/zions-direct-corporate-bond-market-snapshot-for-week-ending-may-10-2013/feed/ 0 Get More With Your Score: 3 actions that affect your credit http://think.zionsdirect.com/2013/05/14/get-more-with-your-score-3-actions-that-affect-your-credit/ http://think.zionsdirect.com/2013/05/14/get-more-with-your-score-3-actions-that-affect-your-credit/#comments Tue, 14 May 2013 23:08:33 +0000 Alison Andersen http://think.zionsdirect.com/?p=17178 Read More]]> With interest rates on 30-year loans at record lows and hints of a housing market recovery, more people may be considering applying for a mortgage loan. Low interest rates on auto loans may also be appealing to those looking to purchase a new vehicle. Getting a low rate on such loans can mean significant savings over time. However, the lowest rates are generally only available to those with the best credit scores.

Your credit score not only has an impact on the interest rates you receive on mortgage and auto loans, but also plays a role in your ability to obtain a business loan or, of course, a credit card. Prospective employers may also consider credit history when making hiring decisions and even landlords may do a credit check on potential tenants. Clearly, your credit score can have an influence that reaches far beyond scoring the best interest rates. If your credit score isn’t quite where you want it to be, there is good news: changing it is largely within your control.

According to myFICO, the consumer division of FICO, a FICO score of 785 within the range of 300-850 is the score to beat to be considered a ‘high achiever.’ Yet high achievers are not perfect. In fact, a small percentage of high achievers – 1% or less – have credit reports that reflect a past-due account or collection, and another 4% show missed payments. But these individuals don’t become high achievers without practicing some good behaviors as well.

As seen at myfico.com here are three characteristics that high achievers have in common:

A Solid, Long-standing Credit History

You could say that high achievers weren’t born yesterday. On average, their oldest credit account is 25 years old, while in general the average age of their credit accounts is 11 years. Individuals with higher credit scores also have fewer new accounts, with the newest accounts being just over two years old on average.

Younger borrowers and those with a brief credit history are at a disadvantage in this area. However, this factor accounts for only about 15% of the entire score, which emphasizes the importance of harnessing the behaviors over which you have control.

Responsible Management of Revolving Accounts

Having a high credit score isn’t as simple as just having an old account. There are essentially two types of credit. The loans you take out to buy a car or a house are referred to as installment credit and generally are for a fixed amount that is paid back, with interest, for a fixed amount of time. The other type of credit – revolving credit – includes credit cards and lines of credit for which you may be given a credit limit. Any amount up to that limit is yours to spend as you please – as long as you pay it back.

High achievers are responsible managers of their revolving credit. They have (or have had) a total of seven credit cards on average and use less than 10% of their available revolving credit. In other words, high achievers are not applying for every credit card offered to them and they certainly don’t max out the ones they do have. Further, they have an average of just four total credit accounts – installment or revolving – with balances. This does not mean they do not use their credit, however. In fact, about one third of these high credit scorers have total debt exceeding $8,500, not including a mortgage.

Pay On Time

As mentioned before, only 4% of high achievers have a credit report that reflects missed payments. Payment history is the most heavily weighted factor of a FICO score, accounting for 35% of your total score. Accordingly, consistently making at least the minimum payment on or before the due date for all of your accounts can have a positive impact on your credit score.

Alison Andersen is an employee of Zions Bank. Zions Direct is a wholly owned non-bank subsidiary of Zions Bank.

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

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
]]> http://think.zionsdirect.com/2013/05/14/get-more-with-your-score-3-actions-that-affect-your-credit/feed/ 0 Zions Direct Municipal Bond Market Snapshot for Week Ending May 10, 2013 http://think.zionsdirect.com/2013/05/14/zions-direct-municipal-bond-market-snapshot-for-week-ending-may-10-2013/ http://think.zionsdirect.com/2013/05/14/zions-direct-municipal-bond-market-snapshot-for-week-ending-may-10-2013/#comments Tue, 14 May 2013 22:27:10 +0000 Russell Fisher http://think.zionsdirect.com/?p=17166 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 9,000 fixed-income auctions. Read More]]> Auction results and MSRB trade data for the week of May 6, 2013 to May 10, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

Municipal Bond Auction Comparison Data (auction data from auctions.zionsdirect.com)

Issuer Term Rating Auction Yield
State of Ohio, Rev 1 Month Insured AA 1.00%
San Francisco City & Co, CA GO 1 Month AA 1.18%
Geneva City Sch Dist, NY GO 1 Month Insured A 1.70%
Marlboro Brd of Edu, NJ GO 2 Month A 0.83%
State of Pennsylvania, GO 2 Month Insured AA 0.85%
Ivy Tech Cmnty Clg, IN GO 2 Month A 0.89%
Pima Cnty, AZ GO 2 Month AA 1.11%
Nevada Sys of Hgr Ed, NV Rev 2 Month AA 1.15%
Los Angeles Unified SD, CA GO 2 Month Insured AA 1.18%
Energy Northwest, WA Rev 2 Month AA 1.20%
Titus County Hospital, TX GO 3 Month A 1.15%
El Paso, TX GO 3 Month Insured A 1.24%
State of Ohio, GO 4 Month AA 0.85%
North Carolina Med Care, NC Rev 5 Month AA 1.07%
Piscataway Township, NJ GO 6 Month Insured AA 0.80%
Ascension Hlth Crdit Grp, FL Rev 6 Month AA 0.99%
Elizabeth, NJ GO 6 Month Insured A 1.01%
Kent, WA Rev 7 Month AA 1.02%
Desoto, TX GO 9 Month AA 1.00%
Santa Paula Util Auth, CA Rev 9 Month A 1.03%
San Diego Reg Bldg Auth, CA Rev 9 Month AA 1.15%
Anderson Cnty Sch Dist #3, SC GO 10 Month AA 1.05%
Bedford Cntl Sch Dist, NY GO 13 Month Insured AA 1.09%
State of Utah, Rev 14 Month AA 0.97%
Tucson USD #1, Pima Co, AZ GO 14 Month AA 0.98%
West Virginia Sch Brd Auth,WV Rev 14 Month AA 1.10%
State of Ohio, OH GO 15 Month AA 1.00%
Plano, TX GO 16 Month AAA 0.90%
Menomonee Falls, WI GO 17 Month AA 1.19%
Maine Muni Bd Bk, ME Rev 2.5 Year AA 1.75%



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
Municipal Bonds’ Average Yields Trade Data* (source: MSRB)

  2013 2014 2015 2016 2018 2020 2023
Rating <9mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr
AAA 0.27% 0.32% 0.37% 0.53% 0.90% 1.29% 1.67%
AA 0.32% 0.33% 0.45% 0.72% 0.99% 1.51% 1.92%
A 0.36% 0.46% 0.55% 0.86% 1.25% 1.94% 2.24%
BBB 0.75% 1.80% 2.48% 1.81% 2.77% 3.45% 3.63%
Insured AAA-AA 0.48% 0.43% 0.48% 0.66% 1.10% 1.36% 1.79%

*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
MSRB bond trade data displayed as weighted average yield. Municipal bond information from MSRB as of May 10, 2013. The Trade Data was developed by BondDesk Group based on information from MSRB’s Real-Time Transaction Reporting System, and excludes transactions in taxable bonds. Auction information from auctions.zionsdirect.com as of May 10, 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.

Municipal bonds are exempt from federal tax and may or may not be tax-exempt in individual states. The inclusion of municipal bonds selected by tax-exempt status is generated from pertinent federal tax attributes as populated from Muller, IDC, and/or BD ATS data sources.

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.


-end-

]]> http://think.zionsdirect.com/2013/05/14/zions-direct-municipal-bond-market-snapshot-for-week-ending-may-10-2013/feed/ 0 Women’s Financial Group — Building Financial Awareness http://think.zionsdirect.com/2013/05/14/womens-financial-group-building-financial-awareness/ http://think.zionsdirect.com/2013/05/14/womens-financial-group-building-financial-awareness/#comments Tue, 14 May 2013 21:14:32 +0000 Zions TV http://think.zionsdirect.com/?p=17187


Cory Gardiner discusses the importance of budgeting, setting goals and reaching out for support. The Women's Financial Group is available to help with everything from budgeting basics to small business loans and is open to anyone in the community. Read More]]>

Cory Gardiner discusses the importance of budgeting, setting goals and reaching out for support. The Women’s Financial Group is available to help with everything from budgeting basics to small business loans and is open to anyone in the community.

]]> http://think.zionsdirect.com/2013/05/14/womens-financial-group-building-financial-awareness/feed/ 0 Monday Cartoon http://think.zionsdirect.com/2013/05/13/monday-cartoon-134/ http://think.zionsdirect.com/2013/05/13/monday-cartoon-134/#comments Mon, 13 May 2013 15:46:12 +0000 Dan Reynolds http://think.zionsdirect.com/?p=17162 Cartoon Copyright © Dan Reynolds. Used with the permission of Dan Reynolds and Cartoonstock.com. All rights reserved. Read More]]> Monday Cartoon

Cartoon Copyright © Dan Reynolds. Used with the permission of Dan Reynolds and Cartoonstock.com. All rights reserved.

]]> http://think.zionsdirect.com/2013/05/13/monday-cartoon-134/feed/ 0 Auction Features: Auto-Sizing http://think.zionsdirect.com/2013/05/09/auction-features-auto-sizing/ http://think.zionsdirect.com/2013/05/09/auction-features-auto-sizing/#comments Thu, 09 May 2013 19:37:55 +0000 Zions TV http://think.zionsdirect.com/?p=17158


Zions Direct has developed a new auction feature called Auto-Sizing that will allow investors to determine the total number of units sold in primary auctions. See how you can take advantage of this new auction feature. Read More]]>

Zions Direct has developed a new auction feature called Auto-Sizing that will allow investors to determine the total number of units sold in primary auctions. See how you can take advantage of this new auction feature.

]]> http://think.zionsdirect.com/2013/05/09/auction-features-auto-sizing/feed/ 0 Zions Direct Corporate Bond Market Snapshot for Week Ending May 3, 2013 http://think.zionsdirect.com/2013/05/08/zions-direct-corporate-bond-market-snapshot-for-week-ending-may-3-2013/ http://think.zionsdirect.com/2013/05/08/zions-direct-corporate-bond-market-snapshot-for-week-ending-may-3-2013/#comments Wed, 08 May 2013 15:00:44 +0000 Russell Fisher http://think.zionsdirect.com/?p=17135 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 9,000 fixed-income auctions. Read More]]> Auction results and TRACE trade data for the week of April 29, 2013 to May 3, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

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

Issuer Term Rating Auction Yield
Goldman Sachs Group Inc 1 Month A 0.86%
McDonald’s Corporation 1 Month A 0.92%
Aegon NV 1 Month A 1.17%
Bank of Montreal 2 Month A 0.74%
E.I. Du Pont de Nemours 2 Month A 0.86%
American Express Co 2 Month BBB 0.93%
Thomson Reuter Corp 2 Month BBB 1.04%
Petrobras International Finance Co 2 Month A 1.20%
Credit Suisse USA Inc 3 Month A 0.84%
Kimberly-Clark Corp 3 Month A 0.86%
Caterpillar Fin Srvcs 3 Month A 0.98%
Hewlett-Packard Co 4 Month BBB 0.86%
General Electric Capital Corp 4 Month AA 0.93%
PacifiCorp 4 Month A 0.99%
Goldman Sachs Group Inc 5 Month A 0.98%
Morgan Stanley 5 Month BBB 0.98%
Home Depot Inc 7 Month A 0.94%
Walt Disney Company 7 Month A 0.97%
Citigroup, Inc. 7 Month BBB 1.03%
Caterpillar Fin Srvcs 8 Month A 0.99%
PepsiAmericas Inc 9 Month A 0.89%
Pfizer Inc / Wyeth 9 Month A 0.89%
ConocoPhillips 9 Month A 0.90%
Coca-Cola Company 10 Month AA 0.64%
Pepsico Inc 10 Month A 0.72%
National Rural Utilities 10 Month A 0.88%
JP Morgan Chase & Co. 10 Month A 1.10%
Hewlett-Packard Co 13 Month BBB 1.40%



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 0.20% 0.25% 0.38% 0.49% 0.92% 1.70% 2.43%
AA 0.27% 0.32% 0.52% 0.77% 1.30% 2.28% 2.54%
A 0.34% 0.48% 0.67% 0.87% 1.50% 2.14% 2.70%
BBB 0.51% 0.81% 1.25% 1.61% 2.23% 3.17% 3.51%

*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 May 3, 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 May 3, 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.


-end-

]]> http://think.zionsdirect.com/2013/05/08/zions-direct-corporate-bond-market-snapshot-for-week-ending-may-3-2013/feed/ 0 Zions Direct Municipal Bond Market Snapshot for Week Ending May 3, 2013 http://think.zionsdirect.com/2013/05/07/zions-direct-municipal-bond-market-snapshot-for-week-ending-may-3-2013/ http://think.zionsdirect.com/2013/05/07/zions-direct-municipal-bond-market-snapshot-for-week-ending-may-3-2013/#comments Tue, 07 May 2013 15:51:36 +0000 Russell Fisher http://think.zionsdirect.com/?p=17131 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 9,000 fixed-income auctions. Read More]]> Auction results and MSRB trade data for the week of April 29, 2013 to May 3, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

Municipal Bond Auction Comparison Data (auction data from auctions.zionsdirect.com)

Issuer Term Rating Auction Yield
Provo Sch Dist, UT GO 1 Month Insured AAA 0.79%
Geneva City Sch Dist, NY GO 1 Month Insured A 0.81%
Grand River Dam Auth, OK Rev 1 Month Insured A 0.95%
Beekmantown Cntl Sch Dist, NY GO 1 Month Insured BBB 1.08%
Easthampton, MA GO 1 Month Insured AA 1.11%
Tolleson, AZ GO 2 Month Insured A 0.70%
State of Hawaii, GO 2 Month Insured AA 0.72%
State of Florida, GO 2 Month AA 0.88%
Metro Tran Auth, NY Rev 2 Month Insured AA 0.88%
Haddon, NJ GO 3 Month AA 0.70%
Los Angeles Cmnty Clg Dist, CA GO 3 Month AA 0.88%
State of Ohio, GO 4 Month AA 0.88%
New Jersey Econ Dev Auth, NJ Rev 4 Month Insured AA 1.11%
Peace River / Manasota Wat, FL Rev 5 Month Insured AA 0.98%
Elizabeth, NJ GO 6 Month Insured A 1.06%
No Thurston Pub Schs, WA GO 7 Month AA 0.99%
State of Washington, GO 8 Month Insured AA 0.89%
State of Washington, GO 8 Month Insured AA 0.90%
Grant Co Pub Util Dist #2, WA Rev 8 Month Insured AA 1.00%
Desoto, TX GO 9 Month AA 0.93%
Clifton Hgr Ed Fin Corp, TX Rev 10 Month A 1.02%
Southeast Alabama Gas, AL Rev 13 Month Insured A 1.14%
Tucson USD #1, Pima Co, AZ GO 14 Month AA 1.10%
Deer Vly Un Sch Dist #97, AZ GO 14 Month Insured AA 1.20%
Laguna Salada Un Sch Dist, CA GO 15 Month Insured AA 1.29%
West Virginia Univ, WV Rev 17 Month Insured A 1.32%
Hgr Ed Student Asst Auth, NJ Rev 19 Month AA 1.39%
Roanoke, VA GO 21 Month Insured AA 1.23%



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
Municipal Bonds’ Average Yields Trade Data* (source: MSRB)

  2013 2014 2015 2016 2018 2020 2023
Rating <9mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr
AAA 0.28% 0.33% 0.50% 0.57% 0.80% 1.23% 1.71%
AA 0.31% 0.33% 0.46% 0.69% 0.97% 1.43% 1.97%
A 0.34% 0.39% 0.59% 0.97% 1.19% 1.75% 2.14%
BBB 0.87% 0.53% 1.89% 1.92% 2.85% 3.46% 4.25%
Insured AAA-AA 0.49% 0.40% 0.56% 0.66% 1.07% 1.47% 1.93%

*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
MSRB bond trade data displayed as weighted average yield. Municipal bond information from MSRB as of May 3, 2013. The Trade Data was developed by BondDesk Group based on information from MSRB’s Real-Time Transaction Reporting System, and excludes transactions in taxable bonds. Auction information from auctions.zionsdirect.com as of May 3, 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.

Municipal bonds are exempt from federal tax and may or may not be tax-exempt in individual states. The inclusion of municipal bonds selected by tax-exempt status is generated from pertinent federal tax attributes as populated from Muller, IDC, and/or BD ATS data sources.

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.


-end-

]]> http://think.zionsdirect.com/2013/05/07/zions-direct-municipal-bond-market-snapshot-for-week-ending-may-3-2013/feed/ 0 Monday Cartoon http://think.zionsdirect.com/2013/05/06/monday-cartoon-133/ http://think.zionsdirect.com/2013/05/06/monday-cartoon-133/#comments Mon, 06 May 2013 15:18:59 +0000 Glenn and Gary McCoy http://think.zionsdirect.com/?p=17127 Cartoon Copyright © Glenn and Gary McCoy. Used with the permission of Glenn and Gary McCoy and Cartoonstock.com. All rights reserved. Read More]]> Monday Cartoon

Cartoon Copyright © Glenn and Gary McCoy. Used with the permission of Glenn and Gary McCoy and Cartoonstock.com. All rights reserved.

]]> http://think.zionsdirect.com/2013/05/06/monday-cartoon-133/feed/ 0 A Tale of Two Strategies – Part 2 http://think.zionsdirect.com/2013/05/03/a-tale-of-two-strategies-part-2/ http://think.zionsdirect.com/2013/05/03/a-tale-of-two-strategies-part-2/#comments Fri, 03 May 2013 21:00:07 +0000 Zions TV http://think.zionsdirect.com/?p=17102


Picking up where part one left off, this second video of a two-part series evaluating the arguments for and against bond funds and individual bonds explores these investments further in terms of interest rate risk, liquidity, and portfolio size. Read More]]>

Picking up where part one left off, this second video of a two-part series evaluating the arguments for and against bond funds and individual bonds explores these investments further in terms of interest rate risk, liquidity, and portfolio size.

]]> http://think.zionsdirect.com/2013/05/03/a-tale-of-two-strategies-part-2/feed/ 0 Vote for the Weekly Cartoon http://think.zionsdirect.com/2013/05/03/vote-for-the-weekly-cartoon-181/ http://think.zionsdirect.com/2013/05/03/vote-for-the-weekly-cartoon-181/#comments Fri, 03 May 2013 16:58:47 +0000 Russell Fisher http://think.zionsdirect.com/?p=17155
Read More]]> http://think.zionsdirect.com/2013/05/03/vote-for-the-weekly-cartoon-181/feed/ 0 Zions Direct Corporate Bond Market Snapshot for Week Ending April 26, 2013 http://think.zionsdirect.com/2013/05/01/zions-direct-corporate-bond-market-snapshot-for-week-ending-april-26-2013/ http://think.zionsdirect.com/2013/05/01/zions-direct-corporate-bond-market-snapshot-for-week-ending-april-26-2013/#comments Wed, 01 May 2013 19:43:26 +0000 Russell Fisher http://think.zionsdirect.com/?p=17114 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 9,000 fixed-income auctions. Read More]]> Auction results and TRACE trade data for the week of April 22, 2013 to April 26, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

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

Issuer Term Rating Auction Yield
Protective Life Secured Trusts 2 Month A 0.98%
NYSE Euronext 2 Month A 1.00%
Target Corp 2 Month A 1.03%
John Deere Capital Corp 2 Month A 1.05%
Bank of Montreal 2 Month A 1.18%
Pitney Bowes Inc 2 Month BBB 1.23%
CME Group Inc 3 Month AA 1.00%
E.I. Du Pont de Nemours 3 Month A 1.01%
Rio Tinto Finance (USA) LTD 3 Month A 1.20%
Berkshire Hathaway Finance 4 Month AA 0.96%
Dow Chemical Co 4 Month BBB 0.99%
Credit Suisse USA Inc 4 Month A 1.13%
Hewlett-Packard Co 4 Month BBB 1.26%
General Electric Capital Corp 5 Month AA 0.80%
General Electric Capital Corp 5 Month AA 1.02%
Mondelez / Formerly Kraft Foods Inc. 5 Month BBB 1.08%
Berkshire Hathaway Finance 6 Month AA 0.75%
Georgia Power Company 6 Month A 0.91%
Bottling Group LLC / Pepsi BG 7 Month A 1.02%
Vodafone Group PLC 8 Month A 0.94%
Goldman Sachs Group Inc 8 Month A 1.19%
Comcast Corp 9 Month A 1.01%
Eli Lilly & Co 10 Month A 0.90%
Caterpillar Fin Srvcs 10 Month A 0.98%
JPMORGAN CHASE & CO 11 Month A 1.08%
Prudential Financial Inc 11 Month BBB 1.09%
US Bancorp 1 Year A 0.98%
General Electric Capital Corp 1 Year AA 1.04%
Bank of America Corp 1 Year BBB 1.20%
JPMORGAN CHASE & CO 17 Month A 1.28%



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% 0.30% 0.37% 0.62% 0.93% 1.84% 2.35%
AA 0.28% 0.35% 0.56% 0.78% 1.31% 2.14% 2.53%
A 0.34% 0.47% 0.68% 0.96% 1.51% 2.27% 2.71%
BBB 0.60% 0.87% 1.32% 1.83% 2.27% 3.25% 3.52%

*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 April 26, 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 April 26, 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.


-end-

]]> http://think.zionsdirect.com/2013/05/01/zions-direct-corporate-bond-market-snapshot-for-week-ending-april-26-2013/feed/ 0 Editors’ Choice http://think.zionsdirect.com/2013/05/01/editors-choice-165/ http://think.zionsdirect.com/2013/05/01/editors-choice-165/#comments Wed, 01 May 2013 14:34:35 +0000 Mike Baldwin http://think.zionsdirect.com/?p=17146 Cartoon Copyright © Mike Baldwin. Used with the permission of Mike Baldwin and Cartoonstock.com. All rights reserved. Read More]]> Editor's Choice

Cartoon Copyright © Mike Baldwin. Used with the permission of Mike Baldwin and Cartoonstock.com. All rights reserved.

]]> http://think.zionsdirect.com/2013/05/01/editors-choice-165/feed/ 0 Zions Direct Municipal Bond Market Snapshot for Week Ending April 26, 2013 http://think.zionsdirect.com/2013/04/30/zions-direct-municipal-bond-market-snapshot-for-week-ending-april-26-2013/ http://think.zionsdirect.com/2013/04/30/zions-direct-municipal-bond-market-snapshot-for-week-ending-april-26-2013/#comments Tue, 30 Apr 2013 17:27:17 +0000 Russell Fisher http://think.zionsdirect.com/?p=17111 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 9,000 fixed-income auctions. Read More]]> Auction results and MSRB trade data for the week of April 22, 2013 to April 26, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

Municipal Bond Auction Comparison Data (auction data from auctions.zionsdirect.com)

Issuer Term Rating Auction Yield
Grand River Dam Auth, OK Rev 1 Month Insured A 0.89%
Tulsa, OK GO 1 Month AA 0.89%
State of Ohio, Rev 1 Month Insured AA 0.98%
Louisiana Ctzn Prty Insr Corp, LA Rev 1 Month Insured A 1.09%
Little Lake City Sch Dist, CA GO 2 Month Insured AA 0.80%
Beekmantown Cntl Sch Dist, NY GO 2 Month BBB 0.90%
Tullahoma, TN GO 2 Month Insured AA 0.98%
Coconino Cnty Cmnty Clg, AZ GO 2 Month AA 1.00%
Boulder Cnty, CO Rev 3 Month AA 0.80%
El Paso, TX GO 4 Month Insured A 0.83%
Titus County Hospital, TX GO 4 Month Insured A 0.99%
Peace River / Manasota Wat, FL Rev 5 Month Insured AA 0.84%
University of Pittsburgh, PA Rev 5 Month Insured AA 0.85%
Exeter Twp Sch Dist, PA GO 6 Month AA 0.75%
Clark Cnty, NV GO 6 Month Insured AA 0.99%
Toms River, NJ GO 7 Month AA 0.82%
St Clair Cnty Brd of Ed, AL GO 9 Month Insured AA 1.05%
Anderson Cnty Sch Dist #3, SC GO 10 Month AA 0.90%
Richland Cnty Sch Dist #1, SC GO 10 Month AA 0.95%
Big Spring Sch Dist, PA GO 10 Month A 1.30%
Cabarrus Cnty, NC Cop 11 Month AA 0.95%
Redmond Sch Dist #2J, OR GO 13 Month AA 1.10%
Springfield, OR Rev 13 Month AA 1.10%
Arizona Trans Brd, AZ Rev 14 Month Insured AA 1.00%
Chemeketa Cmnty Clg Dist, OR GO 14 Month A 1.16%
Pima Cnty Indl Dev Auth, AZ Rev 16 Month AA 1.25%
Chagrin Falls Vlg Sch Dist, OH GO 19 Month Insured AA 0.83%
Reynolds Sch Dist #7, OR GO 2 Year AA 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
Municipal Bonds’ Average Yields Trade Data* (source: MSRB)

  2013 2014 2015 2016 2018 2020 2023
Rating <9mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr
AAA 0.27% 0.32% 0.40% 0.57% 0.81% 1.18% 1.59%
AA 0.31% 0.33% 0.45% 0.65% 0.99% 1.44% 1.94%
A 0.34% 0.44% 1.30% 0.87% 1.27% 1.83% 2.32%
BBB 0.89% 1.17% 1.77% 2.82% 1.85% 3.61% 3.56%
Insured AAA-AA 0.47% 0.47% 0.53% 0.71% 1.03% 1.42% 1.89%

*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
MSRB bond trade data displayed as weighted average yield. Municipal bond information from MSRB as of April 26, 2013. The Trade Data was developed by BondDesk Group based on information from MSRB’s Real-Time Transaction Reporting System, and excludes transactions in taxable bonds. Auction information from auctions.zionsdirect.com as of April 26, 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.

Municipal bonds are exempt from federal tax and may or may not be tax-exempt in individual states. The inclusion of municipal bonds selected by tax-exempt status is generated from pertinent federal tax attributes as populated from Muller, IDC, and/or BD ATS data sources.

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.


-end-

]]> http://think.zionsdirect.com/2013/04/30/zions-direct-municipal-bond-market-snapshot-for-week-ending-april-26-2013/feed/ 0 Monday Cartoon http://think.zionsdirect.com/2013/04/29/monday-cartoon-132/ http://think.zionsdirect.com/2013/04/29/monday-cartoon-132/#comments Mon, 29 Apr 2013 15:01:46 +0000 Aaron Bacall http://think.zionsdirect.com/?p=17107 Cartoon Copyright © Aaron Bacall. Used with the permission of Aaron Bacall and Cartoonstock.com. All rights reserved. Read More]]> Monday Cartoon

Cartoon Copyright © Aaron Bacall. Used with the permission of Aaron Bacall and Cartoonstock.com. All rights reserved.

]]> http://think.zionsdirect.com/2013/04/29/monday-cartoon-132/feed/ 0 A Tale of Two Strategies – Part 1 http://think.zionsdirect.com/2013/04/26/a-tale-of-two-strategies-part-1/ http://think.zionsdirect.com/2013/04/26/a-tale-of-two-strategies-part-1/#comments Fri, 26 Apr 2013 21:00:04 +0000 Zions TV http://think.zionsdirect.com/?p=17086


Whether to invest in bond funds or individual bonds is an ongoing debate in the investment world. The first of a two-part series, this video compares these investments in terms of diversification, reinvestment of income, investment control, and cost. Read More]]>

Whether to invest in bond funds or individual bonds is an ongoing debate in the investment world. The first of a two-part series, this video compares these investments in terms of diversification, reinvestment of income, investment control, and cost.

]]> http://think.zionsdirect.com/2013/04/26/a-tale-of-two-strategies-part-1/feed/ 0 Vote for the Weekly Cartoon http://think.zionsdirect.com/2013/04/26/vote-for-the-weekly-cartoon-180/ http://think.zionsdirect.com/2013/04/26/vote-for-the-weekly-cartoon-180/#comments Fri, 26 Apr 2013 18:00:41 +0000 Russell Fisher http://think.zionsdirect.com/?p=17072
Read More]]> http://think.zionsdirect.com/2013/04/26/vote-for-the-weekly-cartoon-180/feed/ 0 University: Stock Indexes http://think.zionsdirect.com/2013/04/24/university-stock-indexes/ http://think.zionsdirect.com/2013/04/24/university-stock-indexes/#comments Wed, 24 Apr 2013 18:00:07 +0000 Zions TV http://think.zionsdirect.com/?p=17087


Many investors look to a stock index to get a feel for the current market environment. Learn about two popular indexes, the Dow Jones Industrial Average and the S&P 500. This educational video is part of Zions Direct University's Beginner series. Read More]]>

Many investors look to a stock index to get a feel for the current market environment. Learn about two popular indexes, the Dow Jones Industrial Average and the S&P 500. This educational video is part of Zions Direct University’s Beginner series.

]]> http://think.zionsdirect.com/2013/04/24/university-stock-indexes/feed/ 0 Editors’ Choice http://think.zionsdirect.com/2013/04/24/editors-choice-164/ http://think.zionsdirect.com/2013/04/24/editors-choice-164/#comments Wed, 24 Apr 2013 16:43:59 +0000 Dan Reynolds http://think.zionsdirect.com/?p=17080 Cartoon Copyright © Dan Reynolds. Used with the permission of Dan Reynolds and Cartoonstock.com. All rights reserved. Read More]]> Editor's Choice

Cartoon Copyright © Dan Reynolds. Used with the permission of Dan Reynolds and Cartoonstock.com. All rights reserved.

]]> http://think.zionsdirect.com/2013/04/24/editors-choice-164/feed/ 0 Zions Direct Corporate Bond Market Snapshot for Week Ending April 19, 2013 http://think.zionsdirect.com/2013/04/24/zions-direct-corporate-bond-market-snapshot-for-week-ending-april-19-2013/ http://think.zionsdirect.com/2013/04/24/zions-direct-corporate-bond-market-snapshot-for-week-ending-april-19-2013/#comments Wed, 24 Apr 2013 15:00:14 +0000 Russell Fisher http://think.zionsdirect.com/?p=17045 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 9,000 fixed-income auctions. Read More]]> Auction results and TRACE trade data for the week of April 15, 2013 to April 19, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

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

Issuer Term Rating Auction Yield
Autozone Inc. 1 Month BBB 1.00%
IBM Corp 2 Month AA 0.80%
Boeing Capital Corp 2 Month A 0.88%
Praxair Inc 2 Month A 0.95%
Petrobras International Finance Co 2 Month A 1.15%
NextEra Energy Capital Holdings Inc 2 Month BBB 1.23%
John Deere Capital Corp 3 Month A 0.80%
E.I. Du Pont de Nemours 3 Month A 0.85%
CME Group Inc 3 Month AA 0.99%
Rio Tinto Finance (USA) LTD 3 Month A 1.05%
American Express Co 3 Month BBB 1.05%
Berkshire Hathaway Finance 4 Month AA 0.86%
Credit Suisse USA Inc 4 Month A 0.93%
General Electric Capital Corp 5 Month AA 1.00%
Hewlett-Packard Co 5 Month BBB 1.04%
Mondelez / Formerly Kraft Foods Inc. 5 Month BBB 1.09%
Barrick Gold Financeco LLC 5 Month BBB 1.14%
Aetna / Lion Connecticut Holdings 5 Month A 1.35%
Walt Disney Company 8 Month A 0.70%
Vodafone Group PLC 8 Month A 0.97%
Southern California Edison Co 9 Month A 0.89%
Pepsico Inc 10 Month A 0.94%
Honeywell International 10 Month A 0.99%
Novartis Capital Corp 10 Month AA 1.05%
Eli Lilly & Co 11 Month A 0.95%
Rio Tinto Finance (USA) LTD 1 Year A 1.09%
Goldman Sachs Group Inc 1 Year A 1.14%
Vodafone Group PLC 14 Month A 0.90%
PacifiCorp 16 Month A 1.15%
AT&T (Bellsouth Corp) 17 Month A 1.10%



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 0.20% 0.38% 0.31% 0.85% 0.97% 1.70% 2.32%
AA 0.32% 0.34% 0.59% 0.82% 1.31% 2.35% 2.66%
A 0.35% 0.50% 0.70% 0.99% 1.55% 2.27% 2.76%
BBB 0.64% 0.83% 1.31% 1.72% 2.28% 3.28% 3.52%

*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 April 19, 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 April 19, 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.


-end-

]]> http://think.zionsdirect.com/2013/04/24/zions-direct-corporate-bond-market-snapshot-for-week-ending-april-19-2013/feed/ 0 Zions Direct Municipal Bond Market Snapshot for Week Ending April 19, 2013 http://think.zionsdirect.com/2013/04/23/zions-direct-municipal-bond-market-snapshot-for-week-ending-april-19-2013/ http://think.zionsdirect.com/2013/04/23/zions-direct-municipal-bond-market-snapshot-for-week-ending-april-19-2013/#comments Tue, 23 Apr 2013 15:00:59 +0000 Russell Fisher http://think.zionsdirect.com/?p=17040 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 9,000 fixed-income auctions. Read More]]> Auction results and MSRB trade data for the week of April 15, 2013 to April 19, 2013

SALT LAKE CITY – 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 9,000 fixed-income auctions.

Municipal Bond Auction Comparison Data (auction data from auctions.zionsdirect.com)

Issuer Term Rating Auction Yield
Columbus City Sch Dist, OH GO 1 Month Insured AA 0.85%
Edison, NJ GO 1 Month Insured AA 0.85%
New Mexico Fin Auth, NM Rev 1 Month AA 0.89%
So Cal Public Pwr Auth, CA Rev 2 Month A 0.78%
Baltimore, MD Rev 2 Month AA 0.88%
Douglas Cnty SD #10, NE GO 2 Month AA 0.89%
Pennsylvania Indl Dev Auth, PA Rev 2 Month A 0.90%
State of Wisconsin, Rev 2 Month AA 0.90%
Maine Hlth & Hgr Ed Auth, ME Rev 2 Month Insured AA 0.90%
South Carolina Pub Srv Auth, Rev 2 Month Insured AA 1.00%
El Paso, TX GO 4 Month Insured A 0.85%
Broward Cnty, FL Rev 4 Month Insured A 0.90%
Jurupa Cmnty Svcs Dist, CA Cop 4 Month AA 1.00%
New Hanover Cnty, NC GO 7 Month AA 0.83%
State of Hawaii, GO 13 Month AA 0.88%
Utah St Bldg Owrshp Auth, UT Rev 13 Month Insured AA 1.00%
Corvallis Sch Dist #509J, OR GO 14 Month AA 1.00%
State of New Mexico, Rev 14 Month AA 1.13%
New Mexico Fin Auth, NM Rev 14 Month Insured AA 1.25%
Virginia Pub Bldg Auth, VA Rev 15 Month AA 1.00%
Casey Cnty Sch Dist, KY Rev 15 Month AA 1.38%
Waubonsee Cmnty Clg, IL GO 20 Month AA 1.29%
Douglas Cnty SD #RE-1, CO GO 20 Month Insured AA 1.30%
Salt Lake Cnty, UT Rev 21 Month AAA 1.08%
Maine Muni Bd Bk, ME Rev 2.5 Year AA 1.85%
Granite Sch Dist, UT GO 3 Year Insured AAA 1.25%
Alpine Sch Dist, UT GO 3 Year Insured AAA 1.30%
Nevada Sys of Hgr Ed, NV Rev 3 Year AA 1.59%
River Falls Sch Dist, WI GO 3 Year AA 1.69%
Mingus High Sch Dist #4, AZ GO 3 Year Insured A 1.90%



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
Municipal Bonds’ Average Yields Trade Data* (source: MSRB)

  2013 2014 2015 2016 2018 2020 2023
Rating <9mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr
AAA 0.28% 0.31% 0.39% 0.61% 0.80% 1.20% 1.60%
AA 0.31% 0.33% 0.49% 0.67% 0.98% 1.39% 1.95%
A 0.32% 0.49% 0.63% 0.82% 1.24% 1.79% 2.22%
BBB 1.08% 1.01% 1.56% 2.39% 2.73% 3.46% 3.92%
Insured AAA-AA 0.40% 0.43% 0.55% 0.79% 1.07% 1.34% 1.85%

*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
MSRB bond trade data displayed as weighted average yield. Municipal bond information from MSRB as of April 19, 2013. The Trade Data was developed by BondDesk Group based on information from MSRB’s Real-Time Transaction Reporting System, and excludes transactions in taxable bonds. Auction information from auctions.zionsdirect.com as of April 19, 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.

Municipal bonds are exempt from federal tax and may or may not be tax-exempt in individual states. The inclusion of municipal bonds selected by tax-exempt status is generated from pertinent federal tax attributes as populated from Muller, IDC, and/or BD ATS data sources.

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.


-end-

]]> http://think.zionsdirect.com/2013/04/23/zions-direct-municipal-bond-market-snapshot-for-week-ending-april-19-2013/feed/ 0 Monday Cartoon http://think.zionsdirect.com/2013/04/22/monday-cartoon-131/ http://think.zionsdirect.com/2013/04/22/monday-cartoon-131/#comments Mon, 22 Apr 2013 15:46:21 +0000 Chris Madden http://think.zionsdirect.com/?p=17033 Cartoon Copyright © Chris Madden. Used with the permission of Chris Madden and Cartoonstock.com. All rights reserved. Read More]]> Monday Cartoon

Cartoon Copyright © Chris Madden. Used with the permission of Chris Madden and Cartoonstock.com. All rights reserved.

]]> http://think.zionsdirect.com/2013/04/22/monday-cartoon-131/feed/ 0 Giants in Our City http://think.zionsdirect.com/2013/04/19/giants-in-our-city/ http://think.zionsdirect.com/2013/04/19/giants-in-our-city/#comments Fri, 19 Apr 2013 21:00:32 +0000 Zions TV http://think.zionsdirect.com/?p=17088


Harris H. Simmons, Chairman, President, and CEO of Zions Bancorporation, and A. Scott Anderson, President and Chief Executive Officer of Zions First National Bank were both honored as Giants In Our City. Read More]]>

Harris H. Simmons, Chairman, President, and CEO of Zions Bancorporation, and A. Scott Anderson, President and Chief Executive Officer of Zions First National Bank were both honored as Giants In Our City.

]]> http://think.zionsdirect.com/2013/04/19/giants-in-our-city/feed/ 0 Vote for the Weekly Cartoon http://think.zionsdirect.com/2013/04/19/vote-for-the-weekly-cartoon-179/ http://think.zionsdirect.com/2013/04/19/vote-for-the-weekly-cartoon-179/#comments Fri, 19 Apr 2013 16:34:35 +0000 Russell Fisher http://think.zionsdirect.com/?p=17070
Read More]]> http://think.zionsdirect.com/2013/04/19/vote-for-the-weekly-cartoon-179/feed/ 0