Bitcoin Forum

Economy => Securities => Topic started by: AndyRossy on July 16, 2012, 12:38:32 PM



Title: Gauging Interest in Short Bond
Post by: AndyRossy on July 16, 2012, 12:38:32 PM
Two questions

Does a bond already exist which is taking a negative position on USD/BTC? (given the current upswing, im sure some people might like to hedge or have a negative outlook)

Would there be any interest in a 0 coupon bond, as such, after IPO, all funds sold into USD, then at T-1 maturity, the USD are are used to buy back?

Could be split into tranches, or leveraged by a secondary bond.

Good/Bad idea?



Title: Re: Gauging Interest in Short Bond
Post by: EskimoBob on July 16, 2012, 01:04:01 PM
Why not read up on Put's and Call's and find somone who wants to write you one ;)
 


Title: Re: Gauging Interest in Short Bond
Post by: AndyRossy on July 16, 2012, 01:09:06 PM
Why not read up on Put's and Call's and find somone who wants to write you one ;)
 


Im not interested in buying options myself, I hold quite a neutral position.  Do you know if there's GLBSE bond effectively doing the above? What sites option foptions?


Title: Re: Gauging Interest in Short Bond
Post by: EskimoBob on July 16, 2012, 01:15:09 PM
Why not read up on Put's and Call's and find somone who wants to write you one ;)
 


Im not interested in buying options myself, I hold quite a neutral position.  Do you know if there's GLBSE bond effectively doing the above? What sites option foptions?

GLBSE had something... not sure what was the name. It probably went belly up :)
You can find options here: http://polimedia.us/bitcoin/mpex.php


Title: Re: Gauging Interest in Short Bond
Post by: Stephen Gornick on July 16, 2012, 07:27:20 PM
While not a bond, there is a type of futures market offered through icbit.se, with leverage:

 - http://bitcointalk.org/index.php?topic=50817.0
 - https://icbit.se


Title: Re: Gauging Interest in Short Bond
Post by: Meni Rosenfeld on July 18, 2012, 05:17:25 PM
Does a bond already exist which is taking a negative position on USD/BTC? (given the current upswing, im sure some people might like to hedge or have a negative outlook)
POLY.10.-2 - https://bitcointalk.org/index.php?topic=86069.0

Would there be any interest in a 0 coupon bond, as such, after IPO, all funds sold into USD, then at T-1 maturity, the USD are are used to buy back?
This doesn't offer much of an advantage over simply selling the BTC. Anyway there are also bonds tied to the USD, some of them offering coupons.