Gauging Interest in Short Bond | Bitcointalksearch.org

Meni Rosenfeld

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Quote from: AndyRossy on July 16, 2012, 07:38:32 AM

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://bitcointalksearch.org/topic/glbse-poly-persistent-btcusd-margin-trading-emulation-86069

Quote from: AndyRossy on July 16, 2012, 07:38:32 AM

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.

Stephen Gornick

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While not a bond, there is a type of futures market offered through icbit.se, with leverage:

- https://bitcointalksearch.org/topic/icbit-derivatives-market-usdbtc-futures-trading-live-50817
- https://icbit.se

EskimoBob

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Quality Printing Services by Federal Reserve Bank

Quote from: AndyRossy on July 16, 2012, 08:09:06 AM

Quote from: EskimoBob on July 16, 2012, 08:04:01 AM

Why not read up on Put's and Call's and find somone who wants to write you one Wink

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

AndyRossy

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Quote from: EskimoBob on July 16, 2012, 08:04:01 AM

Why not read up on Put's and Call's and find somone who wants to write you one Wink

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?

EskimoBob

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Quality Printing Services by Federal Reserve Bank

Why not read up on Put's and Call's and find somone who wants to write you one Wink

AndyRossy

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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?

Topic: Gauging Interest in Short Bond (Read 1107 times)