With "Rudd Bank" probably needing more then the $4Billion the tax payer and the big 4 have chipped in, there may be an opportunity to buy some Gov't bonds in the short term future (i.e this year).
Never having purchased them before, I am curious how it works, how much you need (mid six figures I assume ?), how they are "traded" (ie if you buy say $200K worth, can you on-sell $100K of them etc), is there a market to sell them to, is the rate variable or fixed or both, how long they typically last (10 yrs ?) etc
Thanks for any tips