Love the new risk bands...

I'm of the opinion that a potential 3.4% return in two weeks isn't to be sniffed at!

Indeed and if you sell at par on day 29 you'll get the accrued interest for most of the month with no default risk. Sorted!

Meh, I would pretty much guarantee they would fly out immediately if you put them up at par.

There are over 100 parts on the SM at present for 13907 E. Can any of you say how they are moving?

There were a couple of 2.8% parts listed earlier and they've both gone. Now just 4 parts at 2.9% and the rest still at the full 3%. That suggests buyers must be biting; the big flippers usually are quite happy to undercut each other quickly when their parts aren't moving.

Perhaps because they reckon on picking up a couple of months' interest at 17.2% and then selling on at 3% again to recoup the premium they paid

I might be able to talk Biddy into it, but the risk is really that, as with C-, Fulsome Clever will find a whole bunch to saturate the market, so reselling the early ones will be a challenge. The first one to close ABOVE the 18.2% MBR will obviously (assuming a long term) sell at a better rate than the current batch, so rate tarts will chase the newer ones instead.  As someone said, you can always unload at par though, no autobid users are going to have got any yet (they really should have been at the front of the queues IMO).