{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"PIWORLD Investor Podcasts","title":"piworld webinar: Everything you wanted to know about Corporate Bonds by Paul Hawkins","html":"","width":"100%","height":180,"duration":3461,"description":"This video can be seen at: https://www.piworld.co.uk/2020/06/19/piworld-webinar-everything-you-wanted-to-know-about-corporate-bonds-by-paul-hawkins/\n \nA comprehensive overview of Corporate Bonds, for the retail investor who wants to invest in this asset class, but isn't sure how to go about it. Paul is an ex Bond Trader, who very generously shares his knowledge with us. Well worth the hour, if you invest in Corporate Bonds, or you'd like to consider it.\nPaul’s background - 00:46What is a bond? – 04:30The credit spread – 09:51How big is the bond market? - 13:53Bond issuance & trading - 15:45LSE ORB – Order Book for Retail Bonds - 20:20What drives the price of a corporate bond in the secondary market? - 23:43What does a retail investor need to know? - 27:24Negotiating with the market maker - 32:25What’s the key thing that can go wrong with a bond? - 33:30Who are the main investors in the Corporate Bond market? - 34:40Which Corporate Bond Funds or Fund Managers would you recommend? - 35:53Is volatility as extreme in bonds as it is in equities? - 38:19Paul’s investing & performance - 39:39\nQ&ACould you offer colour on irredeemable bank preference shares? - 40:45How liquid are bonds - 41:40Can you find out who owns bonds and in what proportion? - 43:04What’s the meaning of cumulative, or non-cumulative bonds? - 44:52Comments on floating coupons - 44:56Tax on QCB v deep discount security rules – 45:50Could you recommend information sources on bonds? - 47:10How does a large (£1mio) or smaller (£100k) bond portfolio differ? - 48:03How can you find out the minimum quantity for a bond? - 49:16Out of Aviva Preference Shares, Burford & Provident Financial which would you buy? - 50:30Can you hold a bond in an ISA? - 51:34What drawdown did you see in March with bonds? - 52:13How does a retail investor start a bond portfolio? - 53:22Why does the bond market react less quickly than the equity market? - 55:11\nAbout PaulPaul was Head of Sterling Credit Trading, at consecutively,...","thumbnail_url":"https://img.transistorcdn.com/oB5fNE4aIAia_YyTCKvE1PzrZQaD1Fjo_P7m7T9Aw_Y/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kOTJi/ODBiMzBmOGFhZWJi/MWEzYThkMzAyNmZm/MTdjZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}