I used to own a ladder of RRBs. But a few years ago I thought that (real) interest rates had dropped as low as they were likely to go, and if anything were likely to rise. So I reduced the duration. I moved all my RRBs to the 2021, currently with duration slightly under 4.2of3aintbad wrote: ↑14 Sep 2017 07:57When I bought the 2021 RRB, the maturity date seemed like such a long time in the future. Now it is less than 5 years from maturity. Just curious, do you hold other RRBs (ie with other maturities)?
George