there has to be someone out there doing buy/sell back repos on redeemable bonds surely. grateful for any views/information/ references on pricing, especially in relation to how redemption proceeds are handled. thanks in advance.RegardsKen

Can someone please point me to a reference that contains details of pricing a buy/sellback on a bond with redemptions, for example, annuities, mortgage bonds... I am particulary interested in the treatment of the redemption proceeds in calculating the forward prices.many thanks/Ken

glipman and exotiq: many thanks will try to trawl thru MTN-i and some of broker sites mentioned.CheersKen

these are hybrid in the sense that they have a mixture of bond and equity features. i would like to study these instruments especially in relation to pricing the things. does anyone have any references that i could look at, which cover their reset and option elements. many thanks.Ken

many thanks exotiq ... yes, would make sense to accrue interest more granularly in this case. i would like to know how common this is -- some written material on this would be useful for me at this point. anyone?? any relationships with 'intraday repo'?enjoyken

<t>Apparenly these deposits mature on the same day, i.e time to maturity is 0 days. however they pay interest as usual -- and this is calculated as if its a one day instrument.Could someone please point me to where i can read some more background about intraday depos, how they work, and how they are...

<t>APL and all its 'derivatives' will live on. whenever i program in APL or J, i feel a sense of being liberated. i can experiment with APL/J more easily than i can with for example C++ or Java or VB.i have quite a large 'library' of apl and J code to price various derivatives -- learnt a lot about ...