I’ve just finished a 9 month term deposit and want to buy bonds. I have never brought bonds before and am having some difficulty understanding them. One of my questions is – are all bond coupons annual? i.e you must hold a bond for 1 year to receive the full coupon?
I do have a few other questions but the most puzzling to me is how to place a bonds order. How do I calculate the quantity and what is the yield limit? Is this the price I am buying the bonds for? What does this mean?
I have attached a picture of what I am faced with in my trading account for a bonds order. I would really appreciate some how to and advice in simple terms for a first time bond holder.
![[IMG]](http://www.aussiestockforums.com/proxy.php?image=https%3A%2F%2Fs17.postimg.org%2Fu2qb90x8v%2Fbonds.png&hash=072aac812ac2ba93aa33468374f1f450)
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