rscal
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Post by rscal on Jul 4, 2022 17:51:10 GMT
Suddenly at 17:53 today a large chunk of an order of mine was fulfilled. On checking the market we have 40 or so loans with more than 1k available to invest. I wonder if this is an investor or AC? (the sheer amounts strongly suggests the latter)
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Post by Ton ⓉⓞⓃ on Jul 4, 2022 21:10:21 GMT
Suddenly at 17:53 today a large chunk of an order of mine was fulfilled. On checking the market we have 40 or so loans with more than 1k available to invest. I wonder if this is an investor or AC? (the sheer amounts strongly suggests the latter)
I've just had a host of old 6.5% & 7% instructions fulfilled. These orders date back to #1542 (April) and others
I'm not sure how one investor would corner 000's or 10's of thousands (as I've been trying to get them since before drawing), I'm guessing it's individuals &/or the AA rebalancing, otherwise it's human underwrites selling part of the remaining 50% stake
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Post by df on Jul 4, 2022 22:24:06 GMT
Suddenly at 17:53 today a large chunk of an order of mine was fulfilled. On checking the market we have 40 or so loans with more than 1k available to invest. I wonder if this is an investor or AC? (the sheer amounts strongly suggests the latter)
I've just had a host of old 6.5% & 7% instructions fulfilled. These orders date back to #1542 (April) and others
I'm not sure how one investor would corner 000's or 10's of thousands (as I've been trying to get them since before drawing), I'm guessing it's individuals &/or the AA rebalancing, otherwise it's human underwrites selling part of the remaining 50% stake
46% of my #1542 April instruction is still not fulfilled. I currently have 34 instructions not fulfilled. 20 of them are 6%-ers, the other 14 are 6.25%-7%.
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trevor
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Post by trevor on Jul 7, 2022 16:51:23 GMT
Email from AC saying there is £3.5m available on MLA. Have they got the message that 5% is insufficient? With several base rate rises due in the next few months won’t be long until fscs fixed bonds are more than AC Access accounts. Then there will be a rush to the MLA door. Glad I’m sold out and access accounts as well soon unless their rates are increased.
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rscal
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Post by rscal on Jul 7, 2022 17:21:35 GMT
Meanwhile, appears Access Account access to its own market for 'quote' purposes is disconnected.
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Post by df on Jul 7, 2022 21:38:48 GMT
Email from AC saying there is £3.5m available on MLA. Have they got the message that 5% is insufficient? With several base rate rises due in the next few months won’t be long until fscs fixed bonds are more than AC Access accounts. Then there will be a rush to the MLA door. Glad I’m sold out and access accounts as well soon unless their rates are increased. Perhaps the "queue are starting to enter the AAs" (announced in the other e-mail) is a result of low interest from MLA investors in 5%-ers. The gap between fscs and AA's rates is getting narrower. Current offers are up to 3.25% 5 year, 3.15% 3 year, 3.08% 2 year, 2.72% 1 year, 2% 6 month, 1.56% instant access. It's very likely that the rates offered by the banks are going to increase, in this context QAA 3.75% offer is out of date.
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Post by Ton ⓉⓞⓃ on Jul 7, 2022 21:44:30 GMT
Email from AC saying there is £3.5m available on MLA. Have they got the message that 5% is insufficient? With several base rate rises due in the next few months won’t be long until fscs fixed bonds are more than AC Access accounts. Then there will be a rush to the MLA door. Glad I’m sold out and access accounts as well soon unless their rates are increased. Perhaps the "queue are starting to enter the AAs" (announced in the other e-mail) is a result of low interest from MLA investors in 5%-ers. The gap between fscs and AA's rates is getting narrower. Current offers are up to 3.25% 5 year, 3.15% 3 year, 3.08% 2 year, 2.72% 1 year, 2% 6 month, 1.56% instant access. It's very likely that the rates offered by the banks are going to increase, in this context QAA 3.75% offer is out of date.
I noticed today that the total holdings in MLA went from £52m yesterday to £53m as stated here
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Post by df on Jul 7, 2022 21:59:26 GMT
Perhaps the "queue are starting to enter the AAs" (announced in the other e-mail) is a result of low interest from MLA investors in 5%-ers. The gap between fscs and AA's rates is getting narrower. Current offers are up to 3.25% 5 year, 3.15% 3 year, 3.08% 2 year, 2.72% 1 year, 2% 6 month, 1.56% instant access. It's very likely that the rates offered by the banks are going to increase, in this context QAA 3.75% offer is out of date.
I noticed today that the total holdings in MLA went from £52m yesterday to £53m as stated here
I find the "Up to 10.60%" statement on this page amusing... I can see nine 10%+ loans - all 9 are in default and trading is suspended.
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