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How are deposits allocated in the Bond Account?
How are deposits allocated in the Bond Account?
Updated over a week ago

All deposits in your Bond Account are used to purchase a set of ten bonds, in increments of $100 par value, according to the Buy Order Methodology described below. That cash may come from deposits into your Bond Account, but may also come from coupon payments on bonds held in your Bond Account, or a combination thereof. When you open a Bond Account and each time you deposit funds into that account, you instruct Public Investing to use all funds in your Bond Account to purchase bonds pursuant to the below Buy Order Methodology. A set of ten bonds is assigned to your Bond Account. While the first deposit minimum for a Bond Account is currently $1,000, any uninvested cash accumulated in the Bond Account is reinvested at a minimum of $100.

For further questions regarding your Bond Account please contact Member Support via in-app chat or email at support@public.com.

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