These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

5B loan 10% interest - Open to bids, 30 days maturity. No collateral ( FILLED / IN PROGRESS )

Author
Cookiez Yum
Doomheim
#1 - 2012-09-17 23:52:50 UTC  |  Edited by: Cookiez Yum
Reason behind loan :

I'm currently trading with around 15bil liquid, my type of trade is just normal station trade in jita. I've recently changed
some of the items I trade in to some larger priced ones, which i have noticed that every few days I end up with trouble liquidating quickly enough to keep movement as fluid as I would like.

I'm fairly confident that with around 5bil more liquid i can keep movement going much easier and make more iskies.

Obvious elephant in the room :


Collateral, or should i say the lack of. The reason i'm choosing to not offer any collateral at this point is I've ran a larger bond fully collateralised in the past when I've been sitting on large chunks of assets *minerals to be exact*

That meant that by using it as collateral I could keep trading while it increased in value. Currently i have no large stock of assets.

The 15bil nav I have is either moving on the market or liquid waiting to fill buy orders.

I do understand that no collateral will vastly decrease those interested in my bond, but I do hope that the starting 10% interest will tempt some to risk trusting me.

Interest rate :

This loan is currently set at 10% over the 30 day period. If there is enough interest from investors I am perfectly happy for those investors to compete with lower interest rates to fill it.

10% is the highest I would be willing to go currently over those 30 days as I do intend if possible to complete this bond as early as possible. It is possible that i could payout after 2 weeks assuming my current trade continues to flow.

Risk

This is a high risk investment as I'm sure you're all aware.

I won't bother making any sort of personal "i'm a really nice guy " comments.

I have been active in a few trade channels for the last few months, and I do try my best to keep my input somewhat useful.

Trading is my primary source of income, so there is a very VERY small chance of me stopping trading out of boredom.

If i was to have to default on this bond I have the isk to payout if needed.

Investment lark :

SINGLE INVESTOR Makro SSRI - For full 5bil @ 10%

Bond in progress. Thankyou
Cookiez Yum
Doomheim
#2 - 2012-09-18 08:10:58 UTC
Online now for the next several hours *will be on straight after DT* to talk to anyone interested.

Smile
Makro SSRI
The Grey Eagles
#3 - 2012-09-18 12:31:33 UTC
Sent 5b, will take 10%.
Cookiez Yum
Doomheim
#4 - 2012-09-18 12:33:14 UTC
Accepting Makro as my sole investor at the 10% stated interest.

Isk recieved

Bond is now filled, Starting today at 13.40 eve time 18/9/2012.


Interest at latest will be paid on the 16th of october.


Thankyou very much Makro.