Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.2 9/18/84 exptools; site ihu1e.UUCP
Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!ihnp4!ihu1e!genesis
From: genesis@ihu1e.UUCP (R. Sehnoutka)
Newsgroups: net.invest,net.taxes
Subject: Re: ZERO Coupon Certificates
Message-ID: <426@ihu1e.UUCP>
Date: Thu, 11-Apr-85 10:17:52 EST
Article-I.D.: ihu1e.426
Posted: Thu Apr 11 10:17:52 1985
Date-Received: Sat, 13-Apr-85 03:06:13 EST
References: <425@ihu1e.UUCP>
Distribution: net
Organization: AT&T Bell Laboratories
Lines: 39
Xref: watmath net.invest:592 net.taxes:802

> *** REPLY TO THIS MESSAGE WITH YOUR ANSWER ***
> 
> Last month, the discussion about zero coupon bonds came up.
> In yesterdays Chicago Tribune (April 10th), there was an ad
> from StPaul Federal Bank zero coupon cirtificates.
> 
> There is five different bonds which each cost $2,000.00.
> Maturity of the five bonds is as follows:
> 
> 	 7 years	$  4,000.00
> 	10 years	$  6,000.00
> 	15 years	$ 10,000.00
> 	21 years	$ 20,000.00
> 	29 years	$ 50,000.00
> 
> Is there any way to figure out the actual interest rate that
> each bond is receiving. I am sending for more information today,
> but until I receive it, I though I would solicit information from
> the net.
> 
> Since this pertains to the recent discussions on the net, you
> can either respond directly to me or back to the net.  I'm sure
> there might be other people interested in this info.
> 
> As always, adTHANKSvance.
> 
> Russ Sehnoutka
> AT&T Bell Laboratories
> Naperville, Ill. 60566
> (312) 979-7753
> ihnp4!ihu1e!genesis
> 
I forgot to mention that all these bonds are insured up to $100,000.00
by the FSLIC, so it seems that they might be good for an IRA.


-- 
	Russell N. Sehnoutka ------- AT&T Bell Laboratories 
	 ihnp4!ihu1e!genesis -------  Naperville, Illinois