ian
Posts: 342
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Post by ian on Dec 10, 2020 15:27:52 GMT
Given AC have confirmed “all future tranche funding required is covered by current cash balances held; the majority of investors wish to remain invested” & things continue to “normalise” and accelerated payments are on the way; one would envisage reduced discounts prior to phasing out of the SM next year??
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blender
Member of DD Central
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Post by blender on Dec 10, 2020 15:43:27 GMT
Given AC have confirmed “all future tranche funding required is covered by current cash balances held; the majority of investors wish to remain invested” & things continue to “normalise” and accelerated payments are on the way; one would envisage reduced discounts prior to phasing out of the SM next year?? I don't expect the SM to be phased out - just to operate roughly at par. Otherwise we would be at risk of being locked in if there was a future rush to withdraw or cash famine - until AC decides to switch it on again. Take back control - and keep it.
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Post by Ton ⓉⓞⓃ on Dec 10, 2020 18:53:52 GMT
BUY at 3.2% for 15k
SELL at 3.4% for 7.4k
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Post by Companion Cube on Dec 10, 2020 18:54:42 GMT
>2% is not unpalatable if the alternative is a tax fine. Maybe discounts will go up as end Jan appproaches... No argument to be had here, but there is no fine on the cards since I was clearly referring to the rest of my holdings at >2% being unpalatable.
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Post by Harland Kearney on Dec 10, 2020 19:55:22 GMT
I am waiting patiently to be able to sell my loan parts at a premium! They are worth it, believe me!  |
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ashtondav
Member of DD Central
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Post by ashtondav on Dec 11, 2020 9:07:17 GMT
If interest rates go much lower you won’t have to wait long. 0.5%? Might as well risk p2p.
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Post by oppsididitagain on Dec 15, 2020 6:25:18 GMT
rates are 3.00 - 3.20 ATM in at least 3K
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ceejay
Posts: 975
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Post by ceejay on Dec 15, 2020 11:11:36 GMT
Just sold a non-trivial amount at 3.0%.
2.9% to buy at the moment (at least for small amounts).
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SteveT
Member of DD Central
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Post by SteveT on Dec 15, 2020 15:18:34 GMT
Just sold a non-trivial amount at 3.0%. 2.9% to buy at the moment (at least for small amounts). ... 2.8% ...
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upperdeane
Member of DD Central
Posts: 493
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Post by upperdeane on Dec 15, 2020 16:54:44 GMT
Just sold a non-trivial amount at 3.0%. 2.9% to buy at the moment (at least for small amounts). ... 2.8% ... 2.8% sell (over £45k available at 2.8) 2.6% buy EDIT: ALL £45K+ AT 2.8 NOW GONE.
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ian
Posts: 342
Likes: 226
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Post by ian on Dec 15, 2020 21:41:16 GMT
At last coming down to a level where real liquidity may prevail ... given the signals from AC about cash reserves a 1 to 2% discount would seem to be the order of the day until the market normalises mid next year ??
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dead-money
Rocket to the Moon
Posts: 746
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Post by dead-money on Dec 15, 2020 21:44:43 GMT
Sold £1K at 2.7% , buy at 2.6%
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Post by Badly Drawn Stickman on Dec 15, 2020 21:50:22 GMT
At last coming down to a level where real liquidity may prevail ... given the signals from AC about cash reserves a 1 to 2% discount would seem to be the order of the day until the market normalises mid next year ?? Swiftly followed by porcine levitation being witnessed World wide.
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rscal
Posts: 985
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Post by rscal on Dec 16, 2020 10:12:46 GMT
I have just spotted the current state of the market and made a first discounted sale/withdrawal @2.7% [10 am 16/12/20] Worth watching where it may go from here..
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upperdeane
Member of DD Central
Posts: 493
Likes: 245
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Post by upperdeane on Dec 16, 2020 13:42:58 GMT
Still at 2.7 for sales. 2.6 for purchase.
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