How do I sell my corporate bonds at fair market value ?

June 1st, 2008 | by bonds |
SOUTH LAKE asked:


Last month I bought a corporate bond on Etrade @ 80 and I would like to sell it for 86 as I notice others are asking . However , when I try to sell the bond , the system offers me a bid price only $30 . How do I post the bonds for sell at a decent asking price ?

HECTOR
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  1. 2 Responses to “How do I sell my corporate bonds at fair market value ?”

  2. By Ranto on Jun 1, 2008 | Reply

    KURT

    Instead of selling it as a market order, sell it as a limit order.

    If the bid is 30, you are unlikely to get 86. Just because others are asking 86 doesn’t mean they will get it.

  3. By jon b on Jun 2, 2008 | Reply

    WILFRED

    Truly your question is about how to use the Etrade software. If you are a customer of theirs, I am sure they have a world class customer service department that would be more than happy to help, and they are just a phone call away.

    Otherwise, take your account to a local professional financial advisor who would be more than happy to put bond bid/ask notices out for you.

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