Investing

How to buy and sell XTBs (VIDEO)

  • 21.SEP.2018
  • Richard Murphy,  XTB

How to buy XTBs: It’s as easy as buying shares

Buying XTBs is as easy as buying shares. If you are unfamiliar with the process your adviser, broker or financial planner can buy them for you. If you want to buy them yourself you can do so via an online broker.

How to buy and sell XTBs

What you need to know before you get started

The first thing you need to know when buying securities is the ASX code. Every XTB starts with the letters YTM followed by three more letters – these identify the issuer. For example, YTMBHP is BHP, YTMTLS is Telstra and YTMLLC is Lend Lease. You can find the code of the XTB you want to buy and see our whole range on our  Available XTBs page.

Table of Available Floating Rate XTBs

After you have chosen the XTBs you want to buy and have determined the amount you would like to invest, take a moment to read the Product Disclosure Statements (PDS) for the XTBs you are going to invest in.

Using an online broker

If you’re trading using an online broker, placing a trade for the first time can introduce you to terms that you may not be familiar with.

Example trading screen

 

Code: Enter the 6 digit XTB code (starting with YTM) for the XTB units you’d like to buy (or sell).

Quantity: Enter the number of XTB units you’d like to buy (or sell).

Price limit: Tick the box ‘At Market’ to buy at the XTB’s current price.

Expiry: Tick the box ‘Good for day’ to buy at the XTB’s price at the closing of trade for that day.

If you’re using an online broker, you may see ‘Theta Asset Ltd’ during the trading process. Theta Asset Management Ltd is the ‘Responsible Entity’ for XTBs.

The same process is followed if you want to sell your XTBs. If you are holding to maturity you hold them, receive the regular coupon payment and the face value of the bond at maturity.

Disclaimer
The information in this article is general in nature. It should not be the sole source of information. It does not take into account the investment objectives or circumstances of any particular investor. You should consider, with or without advice from a professional adviser, whether an investment is appropriate to your circumstances. Australian Corporate Bond Company Limited is the Securities Manager of XTBs and will earn fees in connection with an investment in XTBs.

Events

  • 23Apr 2019

    YTMSCG: Scentre 5.00% 23 OCT 2019

    This is the coupon date

  • 23Apr 2019

    YTMF06: Suncorp BBSW + 1.10% 23 APR 2019

    This is the coupon date

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