U.S. President Donald Trump has purchased at least $82 million in corporate and municipal bonds between late August and early October, according to newly released financial disclosures. The documents, published by the U.S. Office of Government Ethics, show more than 175 transactions carried out between August 28 and October 2. While the exact value of each transaction is not specified, the maximum combined amount exceeds $337 million.
The majority of the assets listed consist of bonds issued by municipalities, states, counties, school districts, and other public-related entities. Trump also expanded his bond portfolio into industries that have benefited from deregulation and other policy changes under his administration.
Among the corporate bonds acquired were those from major chipmakers, large technology firms, top U.S. retailers, and leading investment banks. Purchases included debt issued by Broadcom, Qualcomm, Meta, Home Depot, CVS Health, Goldman Sachs, and Morgan Stanley. Trump also bought JP Morgan bonds around the same period he requested an investigation into the bank’s past relationship with Jeffrey Epstein.
In addition, he acquired Intel bonds shortly after the government initiated the purchase of a stake in the company under his direction.
The White House has stated that Trump continues to file mandatory disclosures, while emphasizing that his investment portfolio is managed by a third-party institution, without involvement from him or his family.
A previous disclosure indicated Trump had bought over $100 million in bonds since returning to office on January 20. His annual financial disclosure, released in June, highlighted more than $600 million in income from various ventures, including crypto holdings, real estate, licensing, and golf properties. That same document estimated total assets of at least $1.6 billion.
Navigate the trading markets and Discover a world of opportunities.
Bullwaves is a trading name of Equitex Capital Limited (Registration No. 8434948-1), a company authorized and regulated by the Financial Services Authority (the "FSA", licence no. SD185) with legal registered address in CT House, office number 9A, Providence, Mahe, Seychelles and physical address in Office No. Al9C, Providence Complex, Providence, Mahe, Seychelles.
ETX Services Limited with company registration number HE455407, a company registered in Cyprus with registered address Archiepiskopou Makariou lll 160, 3026 Limassol is appointed as Independent Representative and Distributor.
ETX Services Ltd is not the Licensed Entity in the EU but only acts as the Service entity for Equitex Capital Ltd.
Risk Disclaimer:
Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.
When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. Equitex is not a financial advisor and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any Bullwaves products or services and obtain independent professional advice as necessary.
Regional Restrictions:
The information or services described on this website is not directed at or offered to residents of Belgium, Israel, Iran, Maldives, North Korea, United States, Afghanistan, Belarus, Central African Republic, China, Iran, Russia, Cuba, Libya, Nicaragua, Palestinian Authority/Gaza/West Bank, Venezuela and to jurisdictions on the FATF and EU/UN sanctions lists or any other person in any jurisdiction where such distribution or use would be contrary to local laws or regulations. For more information please contact our support. Clients who onboarded via www.bullwaves.com can contact our support team at support@bullwaves.com.For complaints please email us at compliance@bullwaves.com
For complaints please email us at compliance@bullwaves.com