We’re delighted to announce the launch of Early Investor Interest, our new initiative that means you could earn more on your investment.
Investments into listed bonds typically don’t start earning interest until a bond lists. For investors with Wellesley this meant that funds committed to a bond during the subscription period did not earn interest during this period; interest only started accruing when the bond was listed on the regulated exchange, Euronext Dublin.
We think investors deserve a better deal, so we decided to change the rules.
As of August 2019, investors into Wellesley’s listed bonds will earn interest for the whole month of the subscription period if they subscribe to the bond in the first half of the month. This means that early investors will receive an additional month’s interest on their investment.
How Early Investor Interest works
Taking advantage of Early Investor Interest is easy. Simply ensure you’ve subscribed funds to a listed bond by the Early Investor Interest deadline and we’ll pay the extra month’s interest into your holding account when the bond lists.
In order to be eligible, you must have:
- subscribed funds into a bond by the Early Investor Interest deadline
- sufficient funds in your holding account before Early Investor Interest deadline
Instructions on how to do both can be found here.
Wellesley will then calculate one month’s interest using the rate set by the bond you’ve subscribed to and will pay into your Wellesley holding account when the bond lists.