Discussion in 'General Investing Discussion' started by Luke83, 2nd May, 2018.
Does anyone hold bonds, where do you buy them and what are the pros and cons.
Introduction To Bonds
Types Of Bonds
please don't be shy seeking expert advice here .. this is an adult game
i currently have only two interest-bearing securities ( both floating rate ) as i struggle to find attractive risk v. reward ratios
( both current equities bought before 2015 )
please take care ....
So they are bought through the ASX like shares?
I am assuming the Aust Government bonds are the SAFEST as far as Risk is concerned?
they can be if you can find a seller
the problem that way is to get the price and quantity you would like
GSBE19 = AUSTRALIAN GOVERNMENT TREASURY BONDS TREASURY BOND
$103.49 -$0.286 (-0.3%)
$102.00 $103.80 as at 3 May 11:45AM ET
4.13% below 52 week high
$103.24 Low $107.94 High
is availalble on Bell Direct ( so i assume also on Commsec )
but has only 2 buyers and one seller ( @ $103.80 for a max of 65 units)
some of these beasties don't trade on market for months
so please make sure you REALLY want to buy what you are chasing
Thanks for the information!
Buying bonds seems fairly straight forward, but when a bond reaches maturity do the shares automatically get sold off and funds returned to your trading account?
to your nominated bank account ( for me ) , i have a saver account that actually pays interest on reasonable monthly balances ( under $5000 , unlike the trading platform linked account which desires a large slab of cash befored paying interest .)
ALSO some will offering a 'roll-over '' alternative to a new bond ( or note )
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