Jaydee
Member of DD Central
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Post by Jaydee on Mar 11, 2021 11:19:36 GMT
Hello Nomad! So happy to have another poster at last, I have been shouting into the void for months! What are your top picks on WA at the moment? My largest holdings are in WA Bonds (seldom available), Atalian, Very Group, Domestic & General, Shawbrook Bank, and Virgin Money. I'm planning to add Lowell (Garfunkelux) and 2 Sisters Food Group. Not advice! Unfortunately, these bonds and the majority of others on WA are trading above par. Probably not an issue if they are long term. I had a decent run when I started in WA about 9 months ago and picked up a good range, around 30, of bonds that all traded under par. At the moment they are now all above par but I'm holding rather than selling. I'm reluctant to buy anything well above par but do occasionally buy if slightly above par. I'm tempted by Amigo loans and I see that J P Morgan has been increasing it's holding.
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Nomad
Member of DD Central
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Post by Nomad on Mar 12, 2021 15:23:55 GMT
AA repaid at par this afternoon.
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bababill
Member of DD Central
Posts: 525
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Post by bababill on Mar 16, 2021 1:23:13 GMT
Provident financial definitely trading below par after yesterdays announcement.
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AA Bonds
Mar 17, 2021 2:50:36 GMT
via mobile
Post by easterndreams on Mar 17, 2021 2:50:36 GMT
There is a new AA bond on the platform, paying 5.7% out to Jan 26, are you putting a bit of the recent AA payout into that?
It's a bit above oar but YTM is 5.7%, better than the last one, although I see it has some early call dates from 2023 onwards so if it's still doing well by then, they're likely to pull it back.
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Nomad
Member of DD Central
Posts: 727
Likes: 494
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Post by Nomad on Mar 17, 2021 7:02:03 GMT
There is a new AA bond on the platform, paying 5.7% out to Jan 26, are you putting a bit of the recent AA payout into that? I rolled over about two thirds of my payout.
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