1.   If the bond is currently trading below par, its operative life is likely to be the number of years to maturity.

2.   If the bond is trading below par, the issuer is likely to repurchase the bond in the market.

3.   Although it fell today, the Connecticut Index is trading just below its all-time high.

4.   Bank bill rates, the clearest barometer of interest rate expectations, are trading below the official interest rate.

5.   After soaring into the stratosphere, these companies are now trading below the price at which they went public a few weeks ago.

6.   All are trading below their sale price.

7.   Burry, inspired by Benjamin Graham, looks for beaten down stocks trading far below their real or intrinsic value.

8.   But its bonds now trade below investment grade levels, although not so low that it appears investors fear an early default.