Zions Direct: Zions Direct Corporate Bond Market Snapshot for Week Ending November 1, 2013

  Zions Direct: Zions Direct Corporate Bond Market Snapshot for Week Ending
                               November 1, 2013


Russell Fisher
Vice President
(801) 844-7826

Alison Andersen
Communications Officer
(801) 844-7710

Zions Direct Corporate Bond Market Snapshot for Week Ending November 1, 2013

Auction results and TRACE trade data for the week of October 28, 2013 to
November 1, 2013

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 $3.2 billion in more than 11,500 fixed-income auctions.

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

Issuer                        Term     Rating Auction Yield
HCP Inc                       1 Month  BBB    0.40%
Home Depot Inc                1 Month  A      0.69%
General Electric Capital Corp 1 Month  AA     0.89%
HCP Inc                       1 Month  BBB    0.96%
Anheuser-Busch Cos LLC        2 Month  A      0.77%
Royal Bank of Scotland Plc    2 Month  A      1.00%
Goldman Sachs Group Inc       2 Month  A      1.00%
HSBC Finance Corp             2 Month  BBB    1.09%
Pfizer Inc / Wyeth            3 Month  A      0.67%
Altria Group Inc              3 Month  BBB    0.95%
Cisco Systems                 4 Month  A      0.62%
Duke Energy Progress Inc      4 Month  BBB    0.85%
HSBC Finance Corp             4 Month  BBB    0.95%
Johnson Controls Inc          4 Month  BBB    0.99%
Hewlett-Packard Co            4 Month  BBB    1.01%
Morgan Stanley                5 Month  BBB    0.75%
Principal Life Inc Fndg Trust 5 Month  A      0.90%
United Parcel Service         5 Month  A      0.94%
Wisconsin Electric Power Co   5 Month  A      0.99%
Time Warner Cable Inc         5 Month  BBB    1.23%
US Bancorp                    6 Month  A      0.85%
BP Capital Markets PLC        6 Month  A      1.04%
Ford Motor Credit Co LLC      6 Month  BBB    1.39%
JPMORGAN CHASE & CO           7 Month  A      1.01%
Genworth Holdings Inc         7 Month  BBB    1.34%
Royal Bank of Scotland Plc    7 Month  A      1.50%
General Electric Capital Corp 9 Month  AA     1.02%
American Express Credit Co    10 Month A      0.99%
Viacom Inc                    10 Month BBB    1.07%
HSBC Finance Corp             10 Month BBB    1.24%
JPMORGAN CHASE & CO           11 Month A      1.15%
Goldman Sachs Group Inc       1 Year   A      1.21%

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    0.19% 0.28% 0.38% 1.10% 1.69% 2.55% 3.32%
AA     0.25% 0.35% 0.63% 1.09% 1.88% 2.94% 3.35%
A      0.30% 0.51% 0.80% 1.30% 1.99% 3.16% 3.63%
BBB    0.52% 0.85% 1.34% 1.83% 2.84% 4.09% 4.35%

*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
November 1, 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 November 1, 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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