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Originally Posted by minimoke
First NZF020 bid is for 5,000 at 100. Someones having a go!
Must have been dipping their toes and found it to cold. Bidder now gone
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haha that was me trying to see if they would accept orders.. But may reenter in a day or 2, probably next week. But realistically the yield play and bidding in % terms is perfect for most bonds. But when the variance is too far from the coupon it does become rather silly.
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