I reckon the impending inflation expected soon might cause a fair old wobble on many markets. In the light of this, I have decided to sell lots of bonds and sit on the sidelines. I hope I might be able to buy them back cheaper in the next year or so. Otherwise, I will be struggling to find a place for the dough! I was happy and somewhat surprised to receive the quotes I got today. I sold around 4.15pm. I held onto ICG and PMO as they were quite small holdings anyway. I might sell the Tesco & Ladbrokes ones tomorrow in my SIPP.
sales 4 Jan 2017
Stock HELICAL BAR PLC 6.00% BDS 24/06/2020 (HB20)
Stock CLS HOLDINGS PLC 5 31/12/2019 (CLS1)
Stock BRUNTWOOD INVESTMENTS PLC FIXED RATE 6PCT 24/07/2020 (BRU1)
Stock Burford Capital Plc 6.125% 26/10/24 (BUR2)
Stock BURFORD CAPITAL PL GUARANTEED BONDS DUE 2022 (BUR1)
Stock PARAGON GROUP OF COMPANIES INC 6.125% UNSECURED STERLING BONDS (PAG2)