430 Winning Bidders in Zions Direct Securities Auctions

By GlobeNewswire,  February 15, 2014, 11:12:00 AM EDT






 

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430 Winning Bidders in Zions Direct Securities Auctions

Auction review for the week of February 10, 2014 to February 14, 2014

SALT LAKE CITY - Zions Direct, the online broker-dealer that allows its customers to purchase bonds, FDIC-insured CDs and other securities in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned over $3.5 billion in more than 13,000 fixed-income auctions.

WEEKLY AUCTION REVIEW

Primary Issue FDIC-insured Certificates of Deposit (auction data from auctions.zionsdirect.com)

Issuer Type Term Yield Auction Size Winning

Bidders
Zions First National Bank Standard 1 Month 0.35% $100K 4
Vectra Bank Colorado Standard 2 Month 0.35% $458K 6
Zions First National Bank Standard 3 Month 0.38% $500K 3
Vectra Bank Colorado Standard 6 Month 0.50% $500K 4
Zions First National Bank Standard 1 Year 0.55% $250K 2
 

Secondary Auction Results(auction data from auctions.zionsdirect.com)

Securities

Auctioned
Auctions Term Range Yield Range Winning

Bidders*
FDIC-Insured CDs 35 1 Month - 1 Year 0.28% - 0.85% 106
Corporate Bonds 40 1 Month - 19 Month 0.58% - 1.49% 145
Municipal Bonds 40 1 Month - 18 Month 0.59% - 1.51% 96
US Agencies 20 1 Month - 13 Month 0.22% - 0.86% 64

*These totals reflect the aggregate number of winning bidders from each auction. The number does not necessarily reflect unique bidders, as it is possible for an individual to participate in multiple auctions. Winning bidders may have placed multiple bids in one or more auctions.



THE INFORMATION IN THE WEEKLY AUCTION REVIEW 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 auction reviews can be found at think.zionsdirect.com.

Auction Review Information Disclaimer

Auction information from auctions.zionsdirect.com as of February 14, 2014. Auction data excludes securities 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.

FDIC-insured CDs are insured up to $250,000 per individual account holder per bank.

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

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

-end-







This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Zions Direct via Globenewswire

HUG#1762311



This article appears in: News Headlines

Referenced Stocks: ZION


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