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McKesson Corporation Leads The 20 Best Value Bond Trades With Maturities Of 1 Year Or More

On February 4 in the U.S. bond market, there were 21,810 bond trades in 3,108 non-call fixed rate corporate bond issues of 968 issuers representing $6.6 billion in notional principal. Which 20 trades were the best trades of the day, and how do we decide the answer to that question? Today, we answer those questions for bonds with maturities of 1 year or more. The answers to these questions are particularly important given the well-known inability of legacy credit ratings to match the accuracy of quantitative methods used in this series of notes. We ignore legacy ratings in this analysis for that reason.

Conclusion : The 20 best-value non-call senior fixed rate bond trades with maturities of 1 year or more on February 4, 2015 were issued by these firms:

MCKESSON CORPORATION (MCK)

GOLDMAN SACHS GROUP INC. (GS), 7 issues

DIRECTV HOLDINGS LLC (DTV)

AUSTRALIA & NEW ZEALAND BANKING GROUPRead More …