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  1. #1
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

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    Quote Originally Posted by minimoke View Post
    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

  2. #2
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,929

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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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