AIG Bonds
AIGs $3.24 billion of 8.25 percent bonds due in
2018 are quoted at 79 cents on the dollar to yield
12.2 percent, according to Trace, the bond-price
reporting system of the Financial Industry
Regulatory Authority. The insurers $4 billion of
8.175 percent bonds due in 2058 are quoted at 49.5
cents on the dollar to yield 16.7 percent, Trace
data show.