curious mick
New Member
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just seeing if anyone else has had the same issue re bonds.,
tested bonds by buying 500 euro of a german corporate bond
it was only a month long price was 99.90 % with 2 euro interest expected,
it matured yesterday at market value, 485 face value buy in was at 102.98%
on the invoice it does say -14 for accrued interest on it,
was it always gonna lose money by holding it till the end date,
and finally it seems to be locked in securities wallet, does it take a few days to get back to cash account part of trade rep
thanks
tested bonds by buying 500 euro of a german corporate bond
it was only a month long price was 99.90 % with 2 euro interest expected,
it matured yesterday at market value, 485 face value buy in was at 102.98%
on the invoice it does say -14 for accrued interest on it,
was it always gonna lose money by holding it till the end date,
and finally it seems to be locked in securities wallet, does it take a few days to get back to cash account part of trade rep
thanks