Recent content by Neel94
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Purchasing corporate bonds half way through coupon period
I’ve also just found out how it works. I’ve literally had a look at my statement. The interest had accrued to the seller. however - when you place a trade on the platform, it will not show you accrued interest you’ll be paying to seller, only the clean bond price. So on my statement it... -
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Purchasing corporate bonds half way through coupon period
Yes I get that by reading it. SO are you saying the price I paid for the bonds - (2 increments of £2,020 total at a price of 100.01) had the accrued interest owed imbedded into that cost ? From what I’m also reading it says the prices quoted for bonds are the clean price (excluded accrued... -
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Purchasing corporate bonds half way through coupon period
Hi all, Me and my father have been option traders for quite a while, but have recently been dipping our fingers into the Bond Market due to attractive interest rates. We have a bit of cash at hand and we want to hold bonds till maturity as they offer better returns than the banks. I have one...