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JBK: Lehman ABS Corp 3.5% Baby Bond

JBK →

Lehman ABS Corp's JBK is an exchange-traded baby bond in the Baby Bond sector. At a recent price of $25.93, JBK yields 6.12% on its $25 liquidation preference and 3.5% coupon. It trades at a premium of 3.7% to par. The issue is callable on or after 2006-03-19. Distributions are paid semiannual. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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