drop from 4.58% to 4.23%

http://www.maybank2u.com.my/mbb_info/m2u/p...d=/mbb/Personal

I wonder if the Danainfra Retail Sukuk can be sold anytime at the stock exchange?

Yes

thanks bro.

This is because the difference in the sukuk tenure. The one coming to IPO now is only 7 years.

The previous one with the 4.58% coupon rate was a 15 year bond. A longer duration bond is subjected to more interest rate risk, so has to offer higher rate.

how come this DIN042300721 above the IPO compare their peer

3 transaction done via Mid (type)
U know wat is Mid?

Where you see? MID

i dont know

This post has been edited by felixmask: Oct 3 2014, 05:46 PM

Via stock tracking

I think coz OPR hike this year now look uncertain due to economy seem to be softening.

10-year MGS trading at 3.8% yield, so 4.23% for this 7 year Sukuk is quite attractive.

I bought at IPO (RM100) and topped up at RM99.50 at end of Sept.

For me, 4.23% is not attractive when there is 4.25% FD rate out there.

PIDM guaranteed?

or need to open CASA?

This post has been edited by Cubalagi: Oct 13 2014, 11:11 AM

SCB is offering 4.25% for 18 months FD.

PIDM guaranteed.
No CASA, or any other extra condition, straight FD effective 4.25%.

Profit payment in respect of the Exchange Traded Sukuk for the period from 30 April 2014 to 31 October 2014 (184 days), calculated based on 4.58% per annum on the nominal value and on the basis of the actual number of days elapsed and 365 days (actual/365 days)

EX-date 28/10/2014
Entitlement date 30/10/2014
Entitlement time 05:00:00 PM
Payment date 03/11/2014

Thats a good deal

but Im too lazy to go to the bank.

Anway, pretty happy that 0400GC is now in green when I see so many reds everywhere.

Company Name: DANAINFRA NASIONAL BERHAD
Stock Name: DIN042300721

First profit payment in respect of the Exchange Traded Sukuk for the period from 24 July 2014 to 26 January 2015 (186 days), calculated based on 4.23% per annum on the nominal value and on the basis of the actual number of days elapsed and 365 days (actual/365 days)

EX-date 21/01/2015
Entitlement date 23/01/2015
Entitlement time 05:00:00 PM
Payment date 27/01/2015

Profit payment in respect of the Exchange Traded Sukuk for the period from 8 August 2014 to 9 February 2015 (185 days), calculated based on 4.00% per annum on the nominal value and on the basis of the actual number of days elapsed and 365 days (actual/365 days)

EX-date 04/02/2015
Entitlement date 06/02/2015
Payment date 10/02/2015

Thank God Dana Infra locked in interest return at 4% p.a., now can hardly find any rates close to 4%