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Thread: Buying US Bonds with an Amex
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Old Nov 17, 2001 | 7:29 am
  #3  
Saar
 
Join Date: Aug 2001
Posts: 47
No, it's not.

What I mean is, if the transaction is complete on, say 01/31/2001, then you can cash the bond on 07/01/2001, meaning 5 months and 1 day later.

For cashing purposes, the important thing is the MONTH in which the bond was issued. Therefore, bonds issued on late January may be cashed on early July.


Saar
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