Bonds
Governments, government agencies, municipalities and corporations can sell bonds as a way to raise money. When you buy a bond, you are essentially lending money to this entity for the promise of repayment in addition to a specified annual return. Sometimes bond are also referred to as debt securities and fixed-income securities.
Trading a Bond in Your Millennium Account
To buy or sell a bond, please call Millennium Trust at 1.800.258.7878, option 4 to place your trade order. Since Millennium Trust does not offer any investment advice, you are responsible for selecting the bond you would like to purchase.
Pricing
To place a bond trade, the pricing is as follows:
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Online
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Phone
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Transaction Charge*
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n/a
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$50
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*Includes purchases, sales, liquidations, tenders, rollovers, etc. and is assessed to account at time of transaction.
Please note: The transaction charge is charged separately from the trade cost. When buying a security, you will need to have enough liquid funds to cover the cost of the purchase plus the transaction charge.
ITS serves as executing broker for bonds. When placing an order, the price of the bond is determined at the time the order is executed by ITS.
Millennium Trust does not recommend any particular investment or asset category. Investors are urged to speak with a tax or investment advisor before investing.