When will the bonds be sold after they are issued? Analyze from two angles!

Although convertible bonds are stock-based, the risk is lower than that of stocks, especially new bonds, because there is bond interest at the bottom. Buying new bonds is the same as buying new shares. After the purchase is completed, you need to draw lots and then pay the subscription money. So when will the bond be sold after it is awarded? Let's take a look together.

When will the bonds be sold after they are issued?

1, time for issuing bonds and listing

Convertible bonds are traded under the T+0 trading rules, and investors can sell all the bonds that have won the lottery on the first day of listing. Different bonds have different time to market, and generally they will be listed and traded within one month after the subscription.

The trading hours of convertible bonds are 9: 15-9: 25, 9: 30-1: 30, 13: 00- 15: 00, and the number of transactions is/kloc-0.

2. Timing of selling bonds

If there is no problem with the underlying stocks corresponding to the convertible bonds and the overall market situation is good, then the probability of new bonds rising on the first day of listing is relatively high, with an average increase of about 10%-30%. So many investors will choose to sell on the first day of listing.

Of course, there is also the risk that the new bonds will be broken on the first day of listing, that is, the price after listing is lower than the issue price 100 yuan. There are many reasons that lead to the breaking of the listing of new bonds, such as the weakening of the bond market as a whole, the expansion of convertible bonds, the adjustment of the A-share market, the cash withdrawal of major shareholders and so on.

After the break, investors can continue to choose to sell, and the price of convertible bonds is usually less than the increase, and the decrease will generally not exceed 10%.

If investors are optimistic about the stock market and the market outlook, they can also choose to continue holding. When the stock market price is higher than the conversion price, they can choose to convert it to the stock market of listed companies or sell it after the price of convertible bonds rebounds.

Of course, there is also the option of capital preservation, that is, the expected income from holding the interest on the bonds due, but the coupon rate of convertible bonds is very low, and the average coupon rate in the first year is around.

The above information about when to sell bonds after winning the bid, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.