I bought a bond a few weeks ago, but now it’s showing as inactive in the app. Does that mean it’s no longer valid or something?
maybe just a bug? I’ve had stuff like that happen before, usually just refresh and check again.
Tried that, still shows inactive. Don’t know what’s up with it.
Could be due to a coupon cycle. Some bonds show inactive between coupon dates, but the bond is still valid. Did you check the coupon date?
I did check. There’s no coupon coming up for a while, but does that affect its status?
It can. Some platforms mark bonds as inactive during periods without coupon payouts. Doesn’t mean the bond is invalid though, just the system marking it inactive temporarily.
wait, that’s a thing? Bonds are inactive sometimes?
Yes, it’s a system feature some platforms use. Bonds aren’t necessarily inactive, just not in an active payout period. It’s not ideal, but the bond will still mature and pay you at the end.
So, my bond isn’t actually inactive? It’s just the system showing it that way?
Exactly, it’s the system. You’re still good to go.
Alright, thanks for clearing that up. I thought something went wrong.