fasty
Member of DD Central
Posts: 1,038 
Likes: 388
|
Post by fasty on Jan 28, 2016 19:42:51 GMT
Purely as an experiment, I have offered a part, just to see if anyone is daft enough to buy. No luck so far. Hmmm. Just for fun, I just put some 19560 up at +0.4%, and they flew out. One buyer bought five. I've made enough to treat blender to some crickets. So I've put some up at various increased premiums to better quantify the daftness. I see there's no cashback on tranche 5. I'm patient.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jan 28, 2016 19:55:46 GMT
Purely as an experiment, I have offered a part, just to see if anyone is daft enough to buy. No luck so far. Hmmm. Just for fun, I just put some 19560 up at +0.4%, and they flew out. One buyer bought five. I've made enough to treat blender to some crickets. So I've put some up at various increased premiums to better quantify the daftness. I see there's no cashback on tranche 5. I'm patient.
Thanks for the thought. There is no cash back on tranche 5 yet. But there may be in a few days time. What we know is that it has to be refinanced and it has to go through the partial board.
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Jan 28, 2016 20:52:49 GMT
Hmmm. Just for fun, I just put some 19560 up at +0.4%, and they flew out. One buyer bought five. I've made enough to treat blender to some crickets. So I've put some up at various increased premiums to better quantify the daftness. I see there's no cashback on tranche 5. I'm patient.
Thanks for the thought. There is no cash back on tranche 5 yet. But there may be in a few days time. What we know is that it has to be refinanced and it has to go through the partial board. However, tranche 4 disappeared quickly enough. (It's Bristol 1 that's having trouble.)
|
|
metoo
Member of DD Central
Posts: 555
Likes: 432
|
Post by metoo on Jan 28, 2016 21:39:25 GMT
There is no cash back on tranche 5 yet. But there may be in a few days time. What we know is that it has to be refinanced and it has to go through the partial board. However, tranche 4 disappeared quickly enough. (It's Bristol 1 that's having trouble.) I'm sure Bristol 1 will go through fine without assistance after the 2-day restriction ends unless they're in a hurry. Tewkesbury has another £618k to find after tranche 5 it seems. It's never completely clear when the funds are needed though, and as old tranches are repaid it frees up cash.
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Jan 28, 2016 22:04:12 GMT
However, tranche 4 disappeared quickly enough. (It's Bristol 1 that's having trouble.) I'm sure Bristol 1 will go through fine without assistance after the 2-day restriction ends unless they're in a hurry. Tewkesbury has another £618k to find after tranche 5 it seems. It's never completely clear when the funds are needed though, and as old tranches are repaid it frees up cash. Bristol 1 will be fine cashback less... Bristol 3 might be more interesting.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Jan 29, 2016 9:27:47 GMT
Tewkesbury 5 has done well overnight now at 57%. Impressive and disappointing both at the same time.
|
|
am
Posts: 1,495
Likes: 601
|
Post by am on Feb 1, 2016 16:52:30 GMT
5867 Surrey repaid today.
|
|
jayjay
Member of DD Central
Posts: 264
Likes: 116
|
Post by jayjay on Feb 8, 2016 11:43:53 GMT
14970 Suffolk 10% reoaid today. Not to be reinvested until we see how they handle Byfleet and a few others!
|
|
mikeh
Member of DD Central
Posts: 499
Likes: 370
|
Post by mikeh on Feb 8, 2016 11:47:01 GMT
14970 Suffolk 10% reoaid today. Not to be reinvested until we see how they handle Byfleet and a few others! I think Byfleet has ground to a halt! 3%CB might kick it off again.
|
|
|
|
Post by GSV3MIaC on Feb 8, 2016 12:29:59 GMT
Nope, they're gonna salami-slice it, .. sell the most they can to autobiddies (or idiots) with no CB, and then (if necessary) offer some CB on the very last slice (or chew it up as a WL for the investment trust .. if they relist it enough times eventually the random allocation has to send it to the IT, right?!).
|
|
metoo
Member of DD Central
Posts: 555
Likes: 432
|
Post by metoo on Feb 8, 2016 12:36:19 GMT
Nope, they're gonna salami-slice it, .. sell the most they can to autobiddies (or idiots) with no CB, and then (if necessary) offer some CB on the very last slice (or chew it up as a WL for the investment trust .. if they relist it enough times eventually the random allocation has to send it to the IT, right?!). And an abuse of the fund's own requirement for a proper random allocation.
|
|
acky
Posts: 481
Likes: 262
|
Post by acky on Feb 8, 2016 12:49:43 GMT
Nope, they're gonna salami-slice it, .. sell the most they can to autobiddies (or idiots) with no CB, and then (if necessary) offer some CB on the very last slice (or chew it up as a WL for the investment trust .. if they relist it enough times eventually the random allocation has to send it to the IT, right?!). And an abuse of the fund's own requirement for a proper random allocation. To be fair, we don't know that it will go into the pot for random allocation. They might make sure it goes to the PL. They have the technology (one would assume!).
|
|
metoo
Member of DD Central
Posts: 555
Likes: 432
|
Post by metoo on Feb 8, 2016 12:56:03 GMT
And an abuse of the fund's own requirement for a proper random allocation. To be fair, we don't know that it will go into the pot for random allocation. They might make sure it goes to the PL. They have the technology (one would assume!). Every loan has to go through the random allocator and it will be more than one. But resisting to stack the odds on a particular loan would be an abuse and would impair the Fund's own allocation.
|
|
jayjay
Member of DD Central
Posts: 264
Likes: 116
|
Post by jayjay on Feb 8, 2016 14:06:02 GMT
Yeah but if you have a dice and need a six. It is hardly random if you keep throwing it until you get one!
|
|
jayjay
Member of DD Central
Posts: 264
Likes: 116
|
Post by jayjay on Feb 10, 2016 18:34:18 GMT
Kent 16201 and 15561 10% repaid eight months early
|
|
