New Gladstone Investment Baby Bonds Now Trading

Obviously investors are clamoring for short dated maturities any where they can find them.

The new 5% Gladstone Investment baby bonds (GAINN) began trading today and investors drove the price right up to $25.61.

With turmoil in the bond market it is certain that investors are anxious to buy securities that will likely maintain value in spite of potential higher interest rates–with a maturity in 2026 this issue will likely stay at or above $25 for a while–if we reach a time where it falls below $25 I will probably be a buyer.

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