Called Bonds

Unknown
Member
Hi All - Thanks in advance for your help!I have a bond that has been called (I don't think it makes any difference but it is a muni). Do I record that in Quicken with a ROC or should I "_sell"_ the bond? The call paid me a small (1% premium).Cheers,Ron.
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Comments
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"I have a bond that has been called (I don't think it> makes any difference but it is a muni). Do I record> that in Quicken with a ROC or should I "sell" the> bond? The call paid me a small (1% premium)."
Sell it. When a bond is called, you no longer own any shares of it.
--John Pollard0 -
I use Schwab and download the transactions into Quicken. When muni bonds are called I have seen the funds received transaction in the register and the bond still showing as owned, so if you enter the sale (for the call), remember to remove the funds received transaction so you don't have inflated cash.0
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