
BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe.

Bond Search Research Bonds

Bonds Online

Find an Investment Professional

Graphs and Data

AAA Rated Industrials (5 year) - 5.22
AAA Rated Industrials (10 year) - 5.36
AAA Rated Industrials (15 year) - 5.46
AAA Rated Industrials (20 year) - 5.54
AAA Rated Industrials (25 year) - 5.60

BBB Rated Industrials (5 year) - 5.82
BBB Rated Industrials (10 year) - 6.24
BBB Rated Industrials (15 year) - 6.50
BBB Rated Industrials (20 year) - 6.69

Source - BondsOnlineQuotes.com

Income Security Dividends

Security	Amount	Ex-Div Date
AO PRA	$0.53	Aug 13
BPOPM	$0.13	Aug 13
BPOPN	$0.14	Aug 13
BPOPO	$0.13	Aug 13
BPOPP	$0.17	Aug 13
BX	$0.30	Aug 27
GGB	$0.23	Aug 18

From PreferredsOnline
Click Here for More Information

Commonwealth Edison Co.'s $300 Million Bonds Rated 'A-' (Recovery Rating: 1), On Watch Neg

NEW YORK Aug. 22, 2006--Standard & Poor's Ratings Services said today that its ratings on electric distribution utility Commonwealth Edison Co. (ComEd; BBB+/Watch Neg/A-2) and its parent, Exelon Corp. (BBB+/Watch Neg/A-2), remain on CreditWatch with negative implications.

Standard & Poor's also assigned its 'A-' rating and '1' recovery rating to Commonwealth Edison's $300 million first mortgage series 104 bonds due 2016. The rating was placed on CreditWatch with negative implications. All the ratings on ComEd and its parent Exelon are on CreditWatch with negative implications.

The net proceeds from the sale of the bonds will be used to refinance commercial paper and for general corporate purposes.

The ratings on ComEd and its parent Exelon were placed on CreditWatch with negative implications in December 2004 after Exelon announced its intention to merge with lower-rated Public Service Enterprise Group Inc. (BBB/Watch Dev/A-3). The merger must still be approved by the New Jersey Board of Public Utilities.

Exelon has called a board of directors meeting to discuss whether to proceed with merger negotiations.

Even if Exelon decides to cancel the merger, Standard & Poor's would keep its ratings on ComEd on CreditWatch with negative implications.

"This is because we are concerned that future regulatory or legislative decisions in Illinois after the power-procurement bidding process takes place after 2006 may result in the significant underrecovery of supply costs, a lengthy recovery of cost deferrals, or both," said Standard & Poor's credit analyst Jeanny Silva.

"If ComEd is unable to fully recover its supply costs on a timely basis, its stand-alone cash flow protection and leverage ratios could weaken considerably," said Ms. Silva.

Standard & Poor's also said that if the gap in credit profiles between stand-alone ComEd and Exelon widens, it would reevaluate ratings equalization.

"This is true especially in light of Exelon's numerous indications that, while it may be financially able to support ComEd, it would be unwilling to do so if ComEd is unable to fully recover its supply costs," said Ms. Silva.

Partner Market Place

Bonds.com offers an online competitive fixed income marketplace allowing you to buy or sell bonds online. Over 150 dealers compete for your business across more than 25,000 different offerings. No minimums, no monthly or ticketing fees. - Try us today!

Sign In and Search LIVE Offerings with easy-to-use maps - Go To BondSearch123.com

Choose Your Own CD Yields: How would you like to choose the yields you want on FDIC-insured CDs – instead of the yields someone else has chosen?

Stuff to look at

Yield and Income Newsletter: A must have for income investors. subscribe NOW

Click here for a Free Week to EWI’s Global Bond Market Forecasts now through May 16!

2007 Investment advice:

The stealth move that could topple world equities. [more]

BondsOnline Advisor

March Issue:
Income Security Recomendations:
Read More [+]

Past Issues: Read More [+]

Keep up with monthly, in-depth coverage of fixed income market strategies, commentary, and insights as seen by our sources. Sign up for the free BondsOnline Advisor now!

Unsubscribe here [+]

About \| Contact \| Affiliate Program \| Advertise \| Contribute \| Disclaimer \| Privacy Policy. Copyright © 2006 Bondsonline Group, Inc.
Market data provided by