Skip to main content

MF Global bonds trade lower

A batch of MF Global bonds traded at about 48 cents on the dollar Monday afternoon, according to MarketAxess, a sign that investors expect the bankrupt company’s bond holders will only get about half their money back.

A week ago, the same batch of bonds issued by MF Global in August were trading at 88.5 cents on the dollar, according to MarketAxess bond-trading data.