Catastrophe Bond Prices Signal Coronavirus Nearing Pandemic Status

By | February 28, 2020

  • February 28, 2020 at 8:32 am
    al selius says:
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    I believe you have this incorrect. The B tranche is not trading but is priced much lower than 60. The A tranche has a bid of 72.50 out there but is guaranteed to lose 16.7% of its principal based on current death count. So could not possibly be just below par. Bond is offered in the 80s but buyers of the A want low 70s. NOt sure where yo got your info but probably a holder of the bonds that is praying that this tactic will move market higher

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