Called Bonds

Unknown
Unknown Member
edited October 2019 in Investing (Windows)
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 &quot_sell&quot_ the bond?  The call paid me a small (1% premium).Cheers,Ron.

Comments

  • Unknown
    Unknown Member
    edited August 2016
    "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 Pollard
  • JCPrius
    JCPrius Member
    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.
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