The WiseAlpha secondary market allows investors to sell Fractional Bonds they own to other WiseAlpha clients in whole or part.
The market works in the following way:
- You can sell your Fractional Bonds at a 0.25% discount to the prevailing market price;
- Liquidity will be dependent on there being an available and willing buyer at the market price. You will receive your cash in your account once another client has purchased a new Fractional Bond equivalent to the Fractional Bond you are selling.
To date everyone who has wanted to sell their investments has been able to do so but liquidity is not guaranteed.