C
curiousactuary
Member
I read that bonds that are held until maturity are not exposed to illiquidity risk.
1. I didn't understand why is this was so?
I interpret this to mean that long term bonds are more liquid (less illiquid) than short term bonds? Is that correct or I have I misinterpreted this?
I actually thought that long term bonds were less liquid than short term bonds but the above seems to suggest vice versa?
1. I didn't understand why is this was so?
I interpret this to mean that long term bonds are more liquid (less illiquid) than short term bonds? Is that correct or I have I misinterpreted this?
I actually thought that long term bonds were less liquid than short term bonds but the above seems to suggest vice versa?