uncovered bond premium

[schirallicpa]

to amortize or not to amortize.  that is the question.   

[Catherine]

I have mainly found that, for the bonds that I *could* amortize, I almost never have full information to do it with!  For the ones I *must* amortize, there is still, too frequently, that same issue.  So I fudge those with excel spreadsheet linear adjustments (kind of treating it like straight line amortization).  

But if I don't have to, I'd rather not - a bleepity-bleep pain-in-the-patootie at best, and an impossible pitp far too often.

[schirallicpa]

thanks for the bleepity bleeps.  that's what I was thinking.......