Zions Direct : Zions Direct Corporate Bond Market Snapshot for Week Ending June 14, 2013

  Zions Direct : Zions Direct Corporate Bond Market Snapshot for Week Ending
                                June 14, 2013


Russell Fisher
Vice President
(801) 844-7826

Alison Andersen
Communications Officer
(801) 844-7710

Zions Direct Corporate Bond Market Snapshot for Week Ending June 14, 2013

Auction results and TRACE trade data for the week of June 10, 2013 to June 14,

SALT LAKE CITY - Zions Direct, the online broker-dealer that allows its
customers to purchase corporate bonds in its daily web-based auctions,
announces its weekly auction results. Since 2006, Zions Direct has auctioned
over $2 billion in more than 9,000 fixed-income auctions.

Corporate Bond Auction Results(auction data from auctions.zionsdirect.com)

Issuer                               Term     Rating Auction Yield
CME Group Inc                        1 Month  AA     0.80%
Walgreen Co                          1 Month  BBB    0.85%
American Express Co                  1 Month  BBB    1.00%
Kimberly-Clark Corp                  2 Month  A      0.70%
Credit Suisse USA Inc                2 Month  A      1.00%
Roper Industries Inc                 2 Month  BBB    1.28%
General Electric Capital Corp        3 Month  AA     0.96%
John Deere Capital Corp              3 Month  A      0.99%
Berkshire Hathaway Finance           4 Month  AA     0.80%
Georgia Power Company                4 Month  A      0.80%
Goldman Sachs Group Inc              4 Month  A      0.99%
Mondelez / Formerly Kraft Foods Inc. 4 Month  BBB    1.07%
Bottling Group LLC / Pepsi BG        5 Month  A      1.05%
Walt Disney Company                  6 Month  A      0.84%
General Electric Capital Corp        6 Month  AA     0.93%
Pfizer Inc / Wyeth                   7 Month  A      0.70%
Honeywell International              8 Month  A      0.80%
CME Group Inc                        8 Month  AA     1.00%
Verizon Wireless/Cellco Partn        8 Month  A      1.04%
Altria Group Inc                     8 Month  BBB    1.09%
Coca-Cola Company                    9 Month  AA     0.86%
Eli Lilly & Co                       9 Month  A      0.89%
Bottling Group LLC / Pepsi BG        9 Month  A      0.90%
Morgan Stanley                       9 Month  BBB    1.40%
Valero Energy Corp                   10 Month BBB    1.18%
PNC Funding Corp                     11 Month A      0.93%
Whirlpool Corp                       11 Month BBB    1.35%
PacifiCorp                           14 Month A      1.14%

Zions Direct, in conjunction with BondDesk Group LLC, regularly publishes a
Market Snapshot for investors to help understand the current bond market,
summarizing current weighted-average yields of investment-grade municipal and
corporate bonds.

Corporate Bonds' Average Yields Trade Data* (source: FINRA's TRACE)

       2013  2014  2015  2016  2018  2020  2023
Rating <9mo  1 yr  2 yr  3 yr  5 yr  7 yr  10 yr
AAA    0.24% 0.31% 0.45% 0.74% 1.49% 2.34% 3.00%
AA     0.32% 0.37% 0.67% 1.18% 1.76% 2.92% 3.19%
A      0.40% 0.52% 0.79% 1.30% 1.98% 2.95% 3.46%
BBB    0.62% 0.87% 1.42% 2.07% 2.76% 3.71% 4.18%

*Terms are defined as follows: < 9 months = anything up to .75 years to
maturity; 1 year = anything greater than 0.75 years up to 1.5 years to
maturity; 2 years = anything greater than 1.5 years up to 2.5 years to
maturity; 3 years = anything greater than 2.5 years up to 4 years to maturity;
5 years = anything greater than 4 years up to 6 years to maturity; 7 years =
anything greater than 6 years up to 8.5 years to maturity; 10 years = anything
greater than 8.5 years up to 11.5 years to maturity.


For more information about Zions Direct and to sign up to receive the free
weekly e-newsletter, visit zionsdirect.com. This and past Market Snapshots can
be found at think.zionsdirect.com.

Market Snapshot Information Disclaimer
TRACE bond trade data displayed as weighted average yield. Corporate bond
information from FINRA's Trade Reporting and Compliance Engine (TRACE) as of
June 14, 2013. The Trade Data was developed by BondDesk Group based on trade
reporting information from TRACE, and excludes transactions in callable and
floating-rate coupon bonds. Auction information from auctions.zionsdirect.com
as of June 14, 2013. The aggregate rating for each bond is based on average
ratings from Moody's and S&P (when available).

Although information in this Market Snapshot is believed to be reliable, Zions
Direct and BondDesk make no express or implied warranties of any kind
regarding this information, including as to its accuracy or completeness.
Auction data excludes bonds 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

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

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



This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Zions Direct via Thomson Reuters ONE
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