When a bond matures you get this mail message…
Our bond has matured. The Face Value of the bond has to be paid to the bondholders right away. We have 2915 bonds issued, each with a Face Value of g1,000 for a total payment due of g2,915,000.
I was under the impression that a fix was put in to automate the paying of bond interest and the return of capital when a bond matured. I have now tried to manually pay my 200 per bond interest and the 1000 per bond issue price but the whole thing looks like a mess to me. It’s not looking like everything is balanced or accounted for correctly.
Is it automated?