How long will it take to know the winning bid after the new debt is purchased?

The so-called subscription of new bonds means that investors subscribe for convertible bonds or exchangeable bonds issued by listed companies, also known as new bonds. The popular understanding is that when listed companies issue new debt-based products, the issue price is relatively low. Once the subscription is successful, it can bring good returns to investors. So how long does it usually take to know the winning result after the new debt is purchased? What are the ways to inquire about the subscription results of new bonds? Let's get to know each other.

How long will it take to know the winning bid after the new debt is purchased?

Under normal circumstances, after the purchase of new bonds, the winning results can be inquired on the next trading day after the purchase date. That is, users buy convertible bonds on T day, and the winning results are announced on T+ 1 day. After winning the lottery, investors need to pay on T+2. If the payment is not made in time, it will be regarded as giving up the subscription. In case of holidays, the time to query the winning results will be postponed.

What are the inquiry methods for the subscription results of new bonds?

1 Self-inquiry: In general, users can directly log in to the trading software of the brokerage firm for inquiry. They can check the account location on the day of the lottery announcement or directly log in to the trading software, and then enter the new debt subscription page to check whether the lottery is won or not.

2 SMS notification: Under normal circumstances, securities companies that open accounts after winning lots often send SMS messages to remind users.

3 Contact customer service: users can directly contact customer service of account opening brokers to help query the winning results.