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

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17 Mar 2020 20:59 - 17 Mar 2020 21:00 #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: 17 Mar 2020 21:00 by targets.

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