Zions Direct Corporate Bond Market Snapshot for Week Ending March 22, 2013 Auction results and TRACE trade data for the week of March 18, 2013 to March 22, 2013

SALT LAKE CITY, March 27, 2013 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase corporate bonds in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned over $2 billion in more than 8,000 fixed-income auctions.

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Corporate Bond Auction Results (auction data from auctions.zionsdirect.com)

Issuer

Term

Rating

Auction Yield

Wal-Mart Stores Inc

1 Month

AA

0.85%

Verizon Communications Inc

1 Month

A

0.85%

Mondelez / Formally Kraft Foods Inc.

1 Month

BBB

0.86%

JPMORGAN CHASE & CO

1 Month

A

0.95%

Bank of America Corp

1 Month

BBB

1.20%

Emerson Electric Company

1 Month

A

1.25%

Praxair Inc

3 Month

A

0.90%

NYSE Euronext

3 Month

A

1.10%

E.I. Du Pont de Nemours

4 Month

A

0.90%

Thomson Reuter Corp

4 Month

BBB

0.94%

HSBC Finance Corp

4 Month

BBB

1.18%

Rio Tinto Finance (USA) LTD

4 Month

A

1.24%

3M Company

5 Month

AA

0.58%

Citigroup, Inc.

5 Month

BBB

0.99%

Credit Suisse USA Inc

5 Month

A

1.09%

Bank of America Corp

5 Month

BBB

1.24%

Georgia Power Company

7 Month

A

1.10%

Caterpillar Fin Srvcs

8 Month

A

0.98%

Capital One Financial

8 Month

BBB

1.24%

Verizon Wireless/Cellco Partn

10 Month

A

1.34%

CME Group Inc

11 Month

AA

1.03%

General Electric Capital Corp

11 Month

AA

1.11%

HSBC Finance Corp

1 Year

BBB

1.29%

Morgan Stanley

1 Year

BBB

1.64%

Union Pacific Corp

13 Month

BBB

1.10%

Principal Life Ins Fndg

13 Month

A

1.20%

ConAgra Foods Inc

13 Month

BBB

1.34%

Abbey Natl Treasury Serv PLC

13 Month

A

1.70%

Morgan Stanley

16 Month

BBB

1.53%

Zions Direct, in conjunction with BondDesk Group LLC, regularly publishes a Market Snapshot for investors to help understand the current bond market, summarizing current weighted-average yields of investment-grade municipal and corporate bonds.

ZIONS DIRECT / BONDDESK® MARKET SNAPSHOT

Corporate Bonds' Average Yields Trade Data* (source: FINRA's TRACE)



2013

2014

2015

2016

2018

2020

2023

Rating

<9mo

1 yr

2 yr

3 yr

5 yr

7 yr

10 yr

AAA

0.13%

0.26%

0.30%

0.64%

1.04%

1.98%

2.39%

AA

0.26%

0.38%

0.59%

0.84%

1.39%

2.31%

2.91%

A

0.35%

0.49%

0.66%

1.02%

1.58%

2.47%

2.98%

BBB

0.58%

0.85%

1.32%

1.82%

2.45%

3.36%

3.70%

*Terms are defined as follows: < 9 months = anything up to .75 years to maturity; 1 year = anything greater than 0.75 years up to 1.5 years to maturity; 2 years = anything greater than 1.5 years up to 2.5 years to maturity; 3 years = anything greater than 2.5 years up to 4 years to maturity; 5 years = anything greater than 4 years up to 6 years to maturity; 7 years = anything greater than 6 years up to 8.5 years to maturity; 10 years = anything greater than 8.5 years up to 11.5 years to maturity.

THE INFORMATION IN THE MARKET SNAPSHOT IS NOT INTENDED TO SERVE AS THE BASIS FOR INVESTMENT DECISIONS. PAST PERFORMANCE IS NOT AN INDICATION OF FUTURE RESULTS.

For more information about Zions Direct and to sign up to receive the free weekly e-newsletter, visit zionsdirect.com. This and past Market Snapshots can be found at think.zionsdirect.com.

Market Snapshot Information Disclaimer
TRACE bond trade data displayed as weighted average yield. Corporate bond information from FINRA's Trade Reporting and Compliance Engine (TRACE) as of March 22, 2013. The Trade Data was developed by BondDesk Group based on trade reporting information from TRACE, and excludes transactions in callable and floating-rate coupon bonds. Auction information from auctions.zionsdirect.com as of March 22, 2013. The aggregate rating for each bond is based on average ratings from Moody's and S&P (when available).

Although information in this Market Snapshot is believed to be reliable, Zions Direct and BondDesk make no express or implied warranties of any kind regarding this information, including as to its accuracy or completeness. Auction data excludes bonds in undersubscribed auctions. Any specific weekly results may be heavily influenced by large, atypical volatility, trade volume, or other unusual investing events.

Investment products and services offered through Zions Direct, member of FINRA/SIPC.

Investment Products: Not FDIC Insured - No Bank Guarantee - May Lose Value

Zions Direct is a wholly owned non-bank subsidiary of Zions Bank.

SOURCE Zions Direct



RELATED LINKS
http://www.zionsdirect.com

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