Merrill Edge Bond Margin Question

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
Post Reply
Topic Author
Carno
Posts: 663
Joined: Sat Jun 02, 2018 4:54 pm

Merrill Edge Bond Margin Question

Post by Carno »

I recently transferred an investment-grade municipal bond to a new Merrill Edge taxable account. This is the only position in this account and I opened the account as a margin account, which was approved. I see now the Available to Withdraw (Cash) and Available to Withdraw (using Margin) both show $0.00, which means this position is not Marginable. Does anyone have a similar issue with their margin account?
Post Reply