Dozens Savings Plc listed 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

August 2020 Issuance

Bonds available: £100,000
Bids open: 3/8/2020 (09:00)
Bids close: 23/8/2020 (23:59)
Bonds allocated and issued: 1/9/2020

Dozens’ Fixed Interest Bonds are allocated, issued and administered by Dozens Savings Plc. For more information on Dozens Savings Plc and the bond process, please take a look at Dozens Savings Plc’s 5% p.a. Fixed Interest Bond terms which are available on our website and on the Dozens app.

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/aquis


Bonds are not FCA regulated products and FSCS protection does not cover the bonds. Dozens’ Fixed Interest Bonds are allocated, issued and administered by Dozens Savings Plc. The interest offered by Dozens’ Fixed Interest Bonds will not fluctuate even in different market conditions. All of your money to be invested, plus the full 12-months interest, will be placed in a separate trustee-controlled account on your behalf. This would be used to pay you in the event of any default. The bond programme currently has a maximum limit of £7m, with expected issuance volumes of between £100k-£1m a month.

Dozens is not a bank. Dozens is a trading name of Project Imagine Ltd which is a company authorised by the Financial Conduct Authority (FCA) as an e-money institution (FRN 900894) and also as an investment firm (FRN 814281).

5 Likes

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
1 Like

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
2 Likes

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
3 Likes

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

3 Likes

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)

11 Likes

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

2 Likes

Historic Issuance Details

July 2020 Issuance

Bonds available: £100,000
Bids opened: 20/7/2020 (09:00)
Bids closed: 26/7/2020 (23:59)
Bonds allocated and issued: 3/8/2020

Statistics:

Number of successful bids: 180
Total issuance: £97,200
Total amount bid: £476,800
Highest bid accepted (April bids): £4,900
Highest bid accepted (July bids): £800
Median successful bid: £500
Average successful bid: £540

The highest (rejected) bid was for £30,000

This issuance included a priority for those customers who had bid for the April issuance that had to be paused. This means that any repeat bids (for the exact same amount) from the original issuance were allocated first (as they would have been) and the remainder was then allocated according to the usual process for July bids. There was therefore a difference between the highest accepted bids in this issuance.

6 Likes