Sentences with phrase «sell illiquid bonds»

Not exact matches

@MichaelKj örling the Greek bond market didn't «freeze up» anyone who bought / is buying greek bonds can easily go to the market and sell them... But yes in theory any market can become illiquid.

I also remember how we used to gauge the liquidity of bonds we lent out, and if one was particularly illiquid, we would always recall the bond before selling it, which would often make the price of the bond rise.

On Grantham's comments: my comments Saturday night are pertinent here for two reasons — anyone selling illiquid CDO tranches, subordinated mortgage bonds, etc., immediately prior to the crisis would find two things: 1) the bids were non-existent or really poor, and 2) if the trade did take place, it would be at levels that reset the pricing grid for that area of the market a LOT lower, leaving the remaining securities looking worse, and a diminution of GAAP equity.

I remember how delicate I had to be when I owned 35 % of an illiquid bond that we liked, and I needed to sell it down without spooking the market.

A manager under pressure to sell a million dollars» worth of corporate bonds might well find that there's only a market for two - thirds of that amount, the remaining third could swiftly become illiquid — that is, unmarketable — securities.