Dozens' 5% p.a. Fixed Interest Bonds Issuances

This topic will include details of the current and past issuances of the Dozens Listed Fixed Interest bonds for customers’ reference in any conversation topic or question.

Current Issuance Details

The April 2020 Issuance will not be going ahead

All bids for this Issuance have been returned to your Cash Savings. All customers who placed a bid have received an email to this effect with more information.

More information can be found here:


For further information on how the Dozens Listed Fixed Interest Bonds work, please read this post: https://www.dozens.com/our-5-bonds-everything-you-want-to-know/

If you would like to read terms & conditions and any regulatory announcements regarding these issuances, please visit: https://www.dozens.com/nex


We are not a bank. We are authorised by the Financial Conduct Authority as an e-money institution (FRN 900894) and also as an investment firm (FRN 814281). The bonds are not FCA regulated products, and FSCS protection does not cover the bonds themselves. The interest offered by our fixed interest bonds, in the Grow section of the app, will not fluctuate even in different market conditions. However, we understand that you will still need to be comfortable that as a new company, Dozens will be able to meet its financial commitments. Because of this, and to help build your trust in us we will place all of your money to be invested plus the full 12-months interest, in a separate trustee-controlled account on your behalf. This would be used to pay you in the event of any default on our part. The bond programme currently has a maximum limit of £7m, with expected issuance volumes of between £100k-£1m a month.

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Historic Issuance Details

March 2019 Issuance

Bonds available: £100,000
Bids opened: 20/02/2019
Bids closed: 25/02/2019
Bonds allocated and issued: 1/03/2019

Statistics:

Number of successful bids: 62
Total issuance: £90,600
Highest bid accepted: £20,000
Median bid: £500
Average bid: £1,422
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Historic Issuance Details

October 2019 Issuance

Bonds available: £100,000
Bids opened: 13/09/2019
Bids closed: 23/09/2019
Bonds allocated and issued: 1/10/2019

Statistics:

Number of successful bids: 357
Total issuance: £100,000
Total amount bid: £987,600
Highest bid accepted: £900
Median successful bid: £200
Average successful bid: £273

Historic Issuance Details

November 2019 Issuance

Bonds available: £1,000,000
Bids opened: 1/10/2019
Bids closed: 22/10/2019
Bonds allocated and issued: 1/11/2019

This issuance included £250,000 preferential allocation for Dozens’ Seedrs investors

Statistics:

Number of successful bids: 478
Total issuance: £946,800
Total amount bid: £944,300
Highest bid accepted: £30,000
Median successful bid: £1,000
Average successful bid: £1,976
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Historic Issuance Details

December 2019 Issuance

Bonds available: £100,000
Bids opened: 1/11/2019
Bids closed: 22/11/2019 (midnight)
Bonds allocated and issued: 2/12/2019

This issuance included a £25,000 preferential allocation for Dozens’ Seedrs investors

Statistics:

Number of successful bids: 155
Total issuance: £99,200
Total amount bid: £287,500
Highest bid accepted: £3,000
Median successful bid: £500
Average successful bid: £624
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Historic Issuance Details

January 2020 Issuance

Bonds available: £100,000
Bids opened: 2/12/2019
Bids closed: 19/12/2019 (midnight)
Bonds allocated and issued: 2/1/2020

Statistics:

Number of successful bids: 197
Total issuance: £99,400
Total amount bid: £405,500
Highest bid accepted: £1,000 This was the cut-off, so only the earliest £1k bids were accepted
Median successful bid: £500
Average successful bid: £494

For your general information, the highest (unaccepted) bid was for £50,000

Edit: sharing the associated graphic

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Historic Issuance Details

February 2020 Issuance

Bonds available: £100,000
Bids opened: 2/1/2020
Bids closed: 24/1/2020 (midnight)
Bonds allocated and issued: 3/2/2020

Statistics:

Number of successful bids: 176
Total issuance: £99,100
Total amount bid: £207,400
Highest bid accepted: £1,500
Median successful bid: £500
Average successful bid: £551

For general information, the highest (rejected) bid was for £50,000 (again)

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Historic Issuance Details

March 2020 Issuance

Bonds available: £100,000
Bids opened: 3/2/2020 (09:00)
Bids closed: 23/2/2020 (23:59)
Bonds allocated and issued: 2/3/2020

Statistics:

Number of successful bids: 160
Total issuance: £99,000
Total amount bid: £193,500
Highest bid accepted: £2,000
Median successful bid: £500
Average successful bid: £606

The highest (rejected) bid was for £10,000

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