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Buying Debt on the ISEQ

  • 23-10-2008 5:52pm
    #1
    pocketdooz
    Registered Users, Registered Users 2 Posts: 1,559 ✭✭✭


    Does anyone know how / where I can go about buying corporate debt that trades on the ASM on the ISEQ ?

    I contacted DAVYs and Goodbody and neither of their companies knew what I was talking about - who have they got working in there - a pack of monkeys or what ?

    I'm looking to buy a few grand worth of a large multinational whose senior term loan is listed on the ISEQ

    ? ? ?

    Any ideas - thanks for the help as always










    .


Comments

  • #2
    woodseb
    Registered Users, Registered Users 2 Posts: 876 ✭✭✭woodseb


    can't really help you but i'd be surprised if you be able to buy corp debt in such small amounts


  • #3
    pocketdooz
    Registered Users, Registered Users 2 Posts: 1,559 ✭✭✭pocketdooz


    Well, after waiting for 2 days to get a reply to my email,

    Goodbody have eventually gotten back to me.

    Still no reply from the Masters of the Universe, Davys. They must be too busy compensating Credit Unions or issuing buy recommendations on the banks.

    So - it looks like it is all tradable but the minimum trade is €50,000

    I wish I had €50,000 liquid right now

    Next time

    Good to see the Brokerages are really taking care of potential customers anyway


  • #4
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭ranger4


    pocketdooz wrote: »
    Well, after waiting for 2 days to get a reply to my email,

    Goodbody have eventually gotten back to me.

    Still no reply from the Masters of the Universe, Davys. They must be too busy compensating Credit Unions or issuing buy recommendations on the banks.

    So - it looks like it is all tradable but the minimum trade is €50,000

    I wish I had €50,000 liquid right now

    Next time

    Good to see the Brokerages are really taking care of potential customers anyway

    Hard to make profit trading shares with davys and goodbodys most of any profit is swallowed up with broker fees, Nib and sharewatch not as greedy.:cool:


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