New Issues

Interested in taking advantage of fixed income new issues?

New fixed income issues continuously come into the market. Olympia LTD investors with qualifying accounts can take advantage of fixed income new issue offerings, whether purchasing bonds from the Treasury and face value, new CDs, or corporate debt.*

Investing in fixed income new issues

Olympia LTD offers a variety of new issue fixed income products to help you pursue your financial goals. Certificates of Deposits (CDs) can be purchased online and orders for Treasury auctions can also be entered online. 


Investing in fixed income new issues provides certain potential benefits:

  • You gain the opportunity to purchase corporate or municipal fixed income products that may be difficult to acquire in the secondary market.
  • You gain the benefits of pricing clarity. For example, new issue corporate bonds are usually offered at a par amount of $1,000 per bond. In the secondary market, it will often trade at a premium or discount.
  • There may be tax advantages. At maturity a new issue bond will not incur capital gains or losses. Secondary market bonds may have more complicated tax consequences (Please consult with your tax advisor).  
  • There may be other advantages associated with specific fixed income new issues, such as greater liquidity and low underwriting fees.

    Discover more about CDs and other investments

Your fixed income new issue choices

You have a wide spectrum of fixed income new issue choices. Olympia LTD provides opportunities to diversify your portfolio and receive regular income.

A CD is a promissory note from a bank or thrift institution that typically offers a higher rate of interest than a regular savings account because it restricts the depositor from withdrawing funds prior to its time-based maturity date.

A few facts:

  • CDs generally have maturity dates ranging from 3 months to as long as 10 years or more, with a minimum deposit of $1,000.
  • The types of CDs available through Olympia LTD are called brokered CDs.
  • They are similar to CDs purchased directly from a bank, except they can be traded on the open market.  
  • Brokered Certificates of Deposits that you choose to sell prior to maturity in a secondary market may result in loss of principal due to fluctuation of interest rates, lack of liquidity, or transaction costs.

U.S. Treasury securities are debt obligations issued by the U.S. government to support the day-to-day operations of the federal government and to finance the national debt. U.S. Treasuries are backed by the full faith and credit of the U.S. government. However, the government guarantee only applies to repayment of principal and interest earned if held to maturity.

Government-sponsored enterprises (GSEs) securities, also referred to as Agencies, are issued by entities created by Congress to fund loans to certain groups of borrowers such as homeowners, farmers and students. All GSE debt is sponsored, but not guaranteed, by the federal government. The risk of investing in these bonds varies based on the GSE that issued them (credit risk).

Corporate notes are fixed-rate, unsecured, continuously offered debt obligations from a variety of issuers with maturities ranging from short-term to long-term. The risk of investing in these bonds varies based on the credit rating of the company that issued them. 

Municipal bonds are interest-bearing debt obligations issued by a state, state agency or authority, or a political subdivision such as a county, city, town or village, to fund public projects.

Ready to get started investing in a fixed income new issue?

We can help you find other fixed income investments with competitive rates. If you are a current Olympia LTD investor, you can consult with our Fixed Income Specialists at 800-934-4445 or log into your account for more information.

 

If you are not yet a client and wish to invest in a new issue, please call 800-454-9272 or open your account.