Joshuatree yes they can be traded but unless you have large amounts it is not practical 7 I do not think they will ever trade at a Premium. Possibly okay if you are going to buy a 100 grands worth but then you have to find a large buyer
LISTING: ZEL: Z Energy bond offer closes oversubscribed at $135 million
Z Energy Limited ('Z Energy') closed its retail bond offer on 10 August 2012,
having successfully raised $135 million (which includes $35 million in
oversubscriptions).
End CA:00225883 For:ZEL Type:LISTING Time:2012-08-13 15:45:14
Interesting to look back at this thread. I put a decent amount into ZEL030 in 2012 and am getting it paid back in a couple of weeks. Been a brilliant and safe investment. The comments on here at the time show how difficult it is to guess the market.
Beagle I hope you didn't lock in a mortgage at 7.25% for 7 years back then ! How wrong we all were. No one had an inkling we’d be where we are today
Interesting to look back at this thread. I put a decent amount into ZEL030 in 2012 and am getting it paid back in a couple of weeks. Been a brilliant and safe investment. The comments on here at the time show how difficult it is to guess the market.
Beagle I hope you didn't lock in a mortgage at 7.25% for 7 years back then ! How wrong we all were. No one had an inkling we’d be where we are today
LOL mate. Old dog's don't like mortgages. Yeah a lot has changed in 7 years and well done to you mate for getting such a great safe return in that bond. Just curious, what rate did they offer you to reinvest ?
No butts, hold no mutts, (unless they're the furry variety).
Strangely enough Beagle they did not contact me for reinvestment. Would have been a waste of time anyway as not interested in today´s interest rate environment. What we had in ZEL 030 was actually my 2 daughters´ money providing them with a steady income through their Uni years. I´m not a Bond guy myself but this suited their purpose perfectly. Now going into first homes !!!!
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Originally Posted by iceman
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