I have found gazprom bonds! But i do not understand what means SMART exchange. And why coupon is 8%. It seems too high! The lot size is also huge. 100 000$.
Apart from the electronic order book for retail bonds on the Lse then 1 bond is $100,000 in every issue. That is why etf's exist.
Just checked on tws (IB's plarform) and whereas I found the bond and this is during trading hours i can t see neither a bid nor a ask price, but the chart shows a little volume over the last month.
Bond market is not only the 30 year bond. There are shorter term US bonds plus treasury bills not to mention corporate bonds...
Gazprom OAO Via Gaz Capital SA Underlying GAZPRU Security Type BOND ISIN XS0357281558 Description GAZPRU 8.146 04/11/18 Issue Date APR 11 2008 Last Trading Date APR 11 '18 Coupon 8.146 Payment Frequency Semi-Annual Face value 1000.0 Convertible No Callable No Puttable No Bond Issuer Type CORP Amount Outstanding 1,100M Exchange Listed Yes Country Of Issue LU Parent Country RU Ult. Parent Country XX Currency USD Exchange SMART Symbol IBCID175808574 Sector Energy Industry Oil&Gas Category Oil Comp-Integrated Trading Hours: October 19, 2016 Calendar Total Available Hours 08:00 EST - 17:00 EST (20:00 CST - 05:00 CST) Exchange Time Zone Eastern Standard Time Note: times in italics are on the calendar date preceding trade date
those are US market time, not sure if it is tradable. Might be easier to buy it through a bank but the spreads are nasty there. Most bonds I check have large spreads btw, but this one has no quote.
Shorter terms are possibly better, since you wouldn't get as big as a loss when rates rise... But for just storage of money, why not a term deposit? 6 months or 1 year... maybe better than bonds? Don't know if the interest rates are interesting on those though...