No. of Recommendations: 2
Paul wrote:Bonds can be sold, but usually only to a bond dealer or the bond desk of a broker. They can offer you whatever they like. The market is not very competitive or efficient--especially for small holdings. Yes, they will buy it, but often they will get you for 3% or more (that can be 6 mo interest)--unless you're talking about $100K or more--some say a million or more.

What Paul has written is correct, but there is one way for a small bond buyer to get competitive prices. Bonds that trade on the New York Stock Exchange have listed bid and ask prices, the same as stocks. They also list the number of bonds offered or bid for at those prices.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.