Private University Bonds

BMK

BMK

Like this one from Case Western Reserve University

Matures on June 1, 2122

That's not a typo

Not much volume right now...

CWRU_Bond.png
 
very good school.

you know these are corporate bonds, right? harvard reglarly issues 30 years. mit has 100 years bond, 575718AF8, 500m, due 2116, they are not liquid.
 
And don’t rush into education sector bonds, it’s a wash.

https://www.bloomberg.com/news/arti...eals-depth-of-higher-ed-distress?srnd=premium

Like scores of smaller, less-prestigious schools before it, plummeting enrollment pushed Cazenovia to the point where it couldn’t pay back the $25 million it owes creditors. Now, as the 200-year-old institution in rural upstate New York embarks on the tough task of winding down and liquidating, Cazenovia serves as a useful reminder of the challenges that other troubled colleges could face in the ever-widening shakeout of higher-ed in America — and for Wall Street as investors pick apart the school’s assets.
 
TrailerParkTed said:
I had a email invite from a US Southern Bank offering 5.6% on a one year cd. Maybe the term is too long? 6 months for 5.45 is good.
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i benchmark every fixed income trade with comparable t, rarely in the cds, bought 1-m cd twice this year, in jan and apr, slightly above the t because the svb funding scare. 6 months is too long for me, holding cash to buy major dips in the index.

alternative you can play around zt and zn, 125 buck in less than 30 minutes hold, margin 1.6k, that is 7% total return.
 
mervyn said:
And don’t rush into education sector bonds, it’s a wash.

https://www.bloomberg.com/news/arti...eals-depth-of-higher-ed-distress?srnd=premium

Like scores of smaller, less-prestigious schools before it, plummeting enrollment pushed Cazenovia to the point where it couldn’t pay back the $25 million it owes creditors. Now, as the 200-year-old institution in rural upstate New York embarks on the tough task of winding down and liquidating, Cazenovia serves as a useful reminder of the challenges that other troubled colleges could face in the ever-widening shakeout of higher-ed in America — and for Wall Street as investors pick apart the school’s assets. They allow universities to attract significant funds over a long period of time. For investors, such bonds may be attractive as long-term investments. I studied at this university, and my friend's mother works there as an accountant, so I know so much. In terms of training, I did not like it. They give the material poorly, I had to deal with searching for bio lab report format, I used https://papersowl.com/blog/how-to-write-biology-lab-report for this. I don’t yet see the university investing in development. During the 6 years of my studies, absolutely nothing has changed.
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Case Western Reserve University has an unusual deadline, I agree. This may indicate long-term planning for the university. This is an example for others.
 
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