That doesn't mean you can
never trade a bond you have bought — just not in the first month, subject to a few exceptions like a small allocation, your credit analyst rejected it, etc..
Not exact matches
«Our
bond is something special that I would
never trade.
I've known of situations where a
bond manager found himself holding a disproportionate share of the market of a publicly tradable
bond, where it almost
never trades because he owns so much of the issue.
Aside from AAA securities, most asset backed
bonds never trade.
With a stock or
bond, even if you
never sold it to anyone or it wasn't publicly
traded, you know you can collect the money the company makes or collect interest.
(I would tell you that he taught me how to
trade corporate
bonds, even though he has
never traded corporates, but that would be a long story.)
One is to use GICs instead of
bond funds: GICs always
trade at par, so they have lower interest payments and
never suffer capital losses.
Most importantly, however, because I Savings
Bonds do not
trade in the secondary market, the value of I
Bonds can
never go down.