What is the actual yield of the SIA 3.03% Bond if we buy at 97 cts now?

More
4 years 8 months ago - 4 years 8 months ago #25287 by targets
This SIA 3.03% bond had paid out 1 distribution already.

Can someone tell me If I buy 10,000 units of this SIA 3.03% Bond from the open market at 97 cts now, is it the actual yield that we are getting is it (303 times 4.5) +300 divide by 4.5 and divide by 9700 = 3.81%?!

Is this calculation method correct?!

Is it if we buy 10,000 units of this SIA 3.03% Bond from the open market at 97 cents, the actual yield that we are getting is 3.81%??
Last edit: 4 years 8 months ago by targets.

Please Log in or Create an account to join the conversation.

Time to create page: 0.178 seconds
Powered by Kunena Forum
 

We have 1038 guests and no members online

rss_2 NextInsight - Latest News