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Subject:
Trading information for obscure bond
Category: Business and Money Asked by: psb777-ga List Price: $2.00 |
Posted:
22 Aug 2002 12:49 PDT
Expires: 21 Sep 2002 12:49 PDT Question ID: 57510 |
Where can I find quotes for [British Gas] Transco Index Linked Bonds ISIN XS0103338140 ? |
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Subject:
Re: Trading information for obscure bond
Answered By: juggler-ga on 22 Aug 2002 19:05 PDT Rated: ![]() |
Hello. According to a web page called Money Extra, your bond is described as follows: BG Transco Holdings 4.1875 index linked bonds due 2022 ISIN XS0103338140 http://moneyextra.uk-wire.com/cgi-bin/articles/199912141150444731C.html The key here is the maturity date. The 2022 date allows us to identify your bond. The Lattice Group which now owns Transco has the following note in a recent financial statement: "Bonds falling due after more than one year include the bond package issued on the 1999 Restructuring and Refinancing. On issue the package included three types of bonds: GBP503m 7.0% fixed rate, due 2024; GBP503m floating rate due 2009; GBP503m 4.1875% index-linked due 2022." http://annuals.lattice-group.com/accounts/notes/note_17/left_nav_content.html You'll notice that each of the bonds corresponds with a Transco bond listed by Yahoo Finance: http://uk.finsearch.yahoo.com/search/quotes_uk?fname_n=txt_name&fname_t=txt_type&fname_x=txt_region&s=uk_sort&tag_t=b&tag_n=transco&tag_x=: The "22" in the name TRANSCO HD.BD22 corresponds to the 2022 maturity date, while the '09 and '24 bonds correspond to bonds maturing in 2009 and 2024 respectively. Thus, Yahoo Finance provides the following quote for your 2022 Transco bond: http://uk.finance.yahoo.com/q?s=GB0877419=L&d=t search strategy: XS0103338140, transco, 2022 I hope this helps. |
psb777-ga
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