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Posted by
Two Blokes Jun 24 -
Filed in
Stock
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3 views
Oxford Lane baby bonds provide very strong safety, yet surprisingly, they also provide high yields. This is also true for a couple of Eagle Point Credit baby bonds. Current mispricing has OXLC baby bonds with higher yields-to-maturity than the term preferred stocks in the same sector. I don't know what investors are thinking. I estimate that OXLC baby bonds are offering yields-to-maturity that are 2.5% higher than bonds with equivalent safety.
