I wanted to sell one of my bonds, but the platform keeps saying no sell option available. Why is that? I thought bonds were listed, so I should be able to sell anytime?
yeah i checked the same thing last week
thought it’s like shares where you just sell any time
You can sell, but not directly through the platform. Bonds don’t work like stocks — you need a buyer, and finding one is the issue.
So it’s not like stocks where there’s a ready market?
Nope, bonds don’t have the same liquidity. Even if they’re listed, there may not always be someone willing to buy at the price you want.
honestly, even if you find someone, the price might be different than what you paid.
While you can technically sell bonds, the liquidity and market depth just aren’t the same as stocks. Most people just hold until maturity.
so basically, I’m stuck unless I want to sell at a loss?
You could try selling through the exchange if you really need liquidity, but like everyone’s said, it might not work out unless there’s demand for that specific bond.
Got it, looks like I’ll have to rethink how I use bonds for short-term stuff.
yeah, better for medium to long-term planning.