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Bonds pricing
Commissions
Online Trading
| Bond type | Classic | Platinum | VIP |
|---|---|---|---|
| EU government bonds | 0.20% (min. 20 EUR) | 0.10% (min. 20 EUR) | 0.05% (min. 20 EUR) |
| US government bonds | 0.20% (min. 20 EUR) | 0.10% (min. 20 EUR) | 0.05% (min. 20 EUR) |
| EU and US corporate bonds | 0.20% (min. 20 EUR) | 0.10% (min. 20 EUR) | 0.05% (min. 20 EUR) |
| Emerging markets bonds | 0.20% (min. 20 EUR) | 0.10% (min. 20 EUR) | 0.05% (min. 20 EUR) |
More information
Saxo Bank allows a percentage of the investment in certain bonds to be used as collateral for margin trading activities.
The collateral value of a bond position depends on the rating of the individual bond, as outlined below:
| Rating definition* | Collateral percentage |
|---|---|
| Highest Rating (AAA) | 95% |
| Very High Quality (AA) | 90% |
| High Quality (A) | 80% |
* as rated internally by Saxo Bank
Example: 80% of the market value of a bond position with an A rating can be used as collateral (instead of cash) to trade margin products such as Futures, Options and more.
Bonds have different minimum trading sizes which can be as high as 50k, 100k or 200k in the relevant currency. You can see the minimum trading sizes and increment on each bond under account > Trading conditions as well as on the trade ticket. However, there are bonds which trade in lower sizes, which may also be available (a minimum limit of 10k in € or $ on all online bonds).
Bonds can be traded online 24/5 if the relevant underlying bond market is open. Trading hours will be limited to the daylight hours where liquidity in the relevant underlying bond market is best (i.e. European government bonds are open for trading in European hours).
A wide range of the most active and liquid government and corporate bonds in Europe, US, Asia, the Middle East and Africa, as well as a limited number of Latin American bonds - in total more than 5,200 bonds - are available for online bond trading.
You can review our trading conditions for bonds here.
Find more information about our general charges and fees here.
See all our prices
