Investing/Trading Global Bonds (Small Fries)?
Why does it appear that small time investors have such difficulty getting to trade/invest in bonds of Sovereign countries? If I think the bond sell off in Ireland is over done and I want to load up on Irish Bonds, where can I go to snag a few bond issues?
It seems like only Bonds are off limits to small investors. We can all buy Stocks, ETFs, Options, Trade Forex, etc.. But when it comes to Bonds of Sovereign nations, it seems like getting your fingers on any is few and far between,
Public Comments
1. Sovereign debt is usually held by large institutions and central banks. It isn't economical for nations to issue small denominated bonds that would be attractive to a retail investor. You can seek out ETF's or mutual funds that may have positions in these type credits.
As to Ireland, there is lots of Irish bank paper out there to invest in. Since many are on the verge of nationalization, and/or bk, you could play it that way if you are a risk taker.