How do you buy these?
Can anyone buy them as long as you have the minimum $10,000 deposit?
There are things about successful and un-successful bids?
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How do you buy these?
Can anyone buy them as long as you have the minimum $10,000 deposit?
There are things about successful and un-successful bids?
1) You buy them through your sharebroker. Ring your sharebroker and tell her which maturity date you want to buy. They will be happy to arrange this for you and charge you the brokerage. Nice folk. Helpful.
2) Anyone can buy them.
3) This is the wholesale end of it - out of my league.
Great thanks.
Does the NZ government offer these every month, year, or just when ever they feel like it?
They say they are only 6 months, 1 year and 2 year bonds. But on NZX website, some close in 2017?
Also can someone explain to me how all the different ones on this website work?
http://www.interest.co.nz/moneymarket.asp
Basically what I'm wanting to know is are which ones on the interest.co.nz website are "tax free" and what are Redeemable / Perpetual Preference Shares?
Thanks. Just trying to learn as much as possible.
Not to hijack, but also, are they 'listed' on the NZDX?
If so, I don't see them, but perhaps I am looking in the wrong place!?
Thanks,
Alan.
Yes, they're "listed" - you can find them under "Fixed Interest" on the Direct website. I've always bought them over the phone, so have no idea if you can buy or sell on-line.
Oh right, yes I wondered why Kiwibonds were like 3.5% interest then the NZDX were 6%
So can you buy these 6% ones in the IPO for them or do you have to buy them once they are on the NZDX? If so, who buys them first when they come out? Wholesale/retail, ?? And the tax free angle, I'm talking about municipal bonds, is that what these are? Or are they corporate bonds even though the Manakau City Council offers them?