Upbeat music plays throughout
Video Introduction Plays
Narrator: If you need to sell a bond before its maturity date, you can do so in a few steps.
To get started, click Accounts, then select Positions.
Mouse clicks on Accounts, then Positions.
Narrator: From here, scroll until you see the bond you would like to sell. Next, click on the dropdown menu found to the right-most side of the security, and select Buy/Sell Bonds.
A blue highlight shows the dropdown menu icon. The mouse clicks on it and then selects Buy/Sell Bonds.
Narrator: From here you'll either see a green Request a bid button, or a Sell link depending on market conditions and your bond.
A window appears with a green Request a bid button as well as the sell link. A blue line highlights each as the narrator speaks.
Narrator: If you are prompted to Request a bid, select the green button to be taken to the Request Bid page. Here, you can select the position you'd like to receive a bid for and enter the Quantity, also known as Face Value for the position. Then select how you'd like to be notified when your bid is ready to execute. Finally, select Send Bid Request.
Mouse clicks the Request a bid button and the Request Bid page opens. The bond is selected from the dropdown menu and the number 1 is entered into the Quantity field. The Do not notify me option is selected. The Send Bid Request button is selected.
Narrator: You will then see the position in the Requested Bid List.
The Request Bid List box is highlighted with a blue line.
Once the bid becomes ready to execute, the sell action can be taken by selecting Sell to the left of the position description.
The Sell link is highlighted with a blue line.
Narrator: By selecting Sell from your position's description, you'll be taken to the order entry page where you can verify the sell information is correct. Next, select Review Order and then Continue. Once you've verified your order details, you can complete your transaction by selecting Place Order.
Sell is selected by the mouse and the Order Entry page appears. The order details are highlighted with a blue line. Review Order is selected and the Order Verification window appears. The Place Order button is selected and the Order Acknowledgement window appears reading Order Received.
Narrator: Please note that if you sell a bond before maturity, you may not receive the full principal amount and any future interest payments.
A blue text box appears with the text: NOTE If you sell a bond before maturity, you may not receive the full principal amount and any future interest payments.
Video outro plays.