maka wrote:@ Impunity hope i got what you meant..
This is what happens lets take the example of the 1.2016.20,lets say you got it at 14.60 at the primary for 5 mio,current rates are around 14-13.80 for the paper...You as Impunity wants to sell...there is that form on the cbk website that you appoint up to 5 brokers/investment banks who can secondary trade for you...so you can have Genghis...Dyer...Sterling...etc so you talk to the Fixed income dealers for whoever you put on your form tell them you want to sell...they will source the market for a bid + rate if its to your liking you start the process of selling...
If I got in at the IPO", the initial auction and I want out 6 months later....please go on.
(I am planning to get in in the secondary market so the 14.60 is not my matter)
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.