What's New:
August 28, 2008 1:30:01 PM EDT
US Government Benchmarks
| Issue/Issuer | Coupon | Maturity Date | Latest Discount Yield/Price | Yield |
| 4 Week Treasury Bill | 0.000 | 25 Sep 2008 | 1.560 | 1.588 |
| 13 Week Treasury Bill | 0.000 | 28 Nov 2008 | 1.650 | 1.614 |
| 26 Week Treasury Bill | 0.000 | 26 Feb 2009 | 1.880 | 1.903 |
| 2 Year Treasury Note | 0.000 | 27 Aug 2009 | 97.897 | 2.127 |
| 5 Year Treasury Note | 2.750 | 31 Jul 2010 | 100.852 | 2.299 |
| 10 Year Treasury Note | 3.375 | 31 Jul 2013 | 101.570 | 3.031 |
| 30 Year Treasury Bond | 4.000 | 15 Aug 2018 | 101.859 | 3.772 |
Short Term Rates
| Key Rates | Date | Average / Bid / Offer Rate |
| Prime Rate | 28 Aug 2008 | 5 |
| Federal Funds Effective Rate | 27 Aug 2008 | 1.98 |
| Discount Rate - NY Federal Reserve | 27 Aug 2008 | 2.25 |
| 1 Month LIBOR | 28 Aug 2008 | 2.49 |
| 3 Month LIBOR | 28 Aug 2008 | 2.81 |
Bond & Rates News
Thursday August 28, 2008
- Abington Bancorp, Inc. Announces Quarterly Dividend
12:15:00 EDT - 1st Independence Financial Group, Inc. Announces Targeted Closing Date of Merger With MainSource Financial Group, Inc. and Adjustments to Merger Consideration
11:06:00 EDT - MGIC (MTG) NewsBite - MGIC Investment Surges on MBI Deal MGIC Investment Surges on MBI Deal
11:05:00 EDT - Ambac Financial (ABK) NewsBite - ABK Rises on Moody's Deal Ambac Financial NewsBite
10:44:00 EDT - MBIA shares advance after company says it will reinsure bond portfolio
10:06:00 EDT - *MBIA INC. SURGES 21%; TO REINSURE $184B OF FGIC'S MUNI BOND PORTFOLIO
09:41:00 EDT
Featured Article
The drop in oil prices from a high of $147 to a low below $113 per barrel has given rise to talk of demand destruction undercutting values. Undoubtedly, the high prices have provided a strong headwind to usage in many areas. However there are a variety of factors to consider when trying to determine how far demand will be cut back on a global basis. These considerations include: Read the full article.