Bonds late or partially paid on first payments

Cyril F

• 1/02/2024 09:10

Hi,

Huge fan of mintos here. Give a try on every new bonds. 

But what a surprise ! First month and already late or partially paid !

Probably because something new and still trust mintos.

But please communicate communicate communicate !

Everything is about trust when the subject is money !

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• 

  Lucja (Mintos)

  Community moderator

  • 2/02/2024 11:04

  Hi Cyril F,
  Thank you for your inquiry. We want to inform you that the majority of payments were processed and allocated as of yesterday. It's important to note that in instances where particular bond interest payments have not been received, our records indicate that the respective lending companies have indeed submitted these payments. Typically, such delays can be attributed to the standard processing timeframes associated with bank cycles or certain internal procedures. Rest assured, the outstanding payments should be credited to your account shortly. We appreciate your patience and understanding in this matter.

   

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  Nicolas Mayer

  • 22/06/2024 07:46

  Bonds has a 30 day grace period. It's not related to Mintos but the Bonds market itself.

  It's a bit surprising that you invest in High yield without making any research on bonds.

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