Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 NEW SUKUK : DANAINFRA NASIONAL, >>> worth to buy?

views
     
Cubalagi
post Aug 4 2014, 11:00 PM

Look at all my stars!!
*******
Senior Member
4,489 posts

Joined: Mar 2014


QUOTE(vvv @ Jul 24 2014, 11:51 PM)
drop from 4.58% to 4.23%
*
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.
Cubalagi
post Oct 13 2014, 09:37 AM

Look at all my stars!!
*******
Senior Member
4,489 posts

Joined: Mar 2014


QUOTE(felixmask @ Oct 3 2014, 02:23 PM)
rclxms.gif how come this DIN042300721 above the IPO compare their peer  rclxms.gif

tongue.gif
*
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.

Cubalagi
post Oct 13 2014, 11:10 AM

Look at all my stars!!
*******
Senior Member
4,489 posts

Joined: Mar 2014


QUOTE(cherroy @ Oct 13 2014, 10:44 AM)
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
Cubalagi
post Oct 16 2014, 12:03 AM

Look at all my stars!!
*******
Senior Member
4,489 posts

Joined: Mar 2014


QUOTE(cherroy @ Oct 13 2014, 11:31 AM)
SCB is offering 4.25% for 18 months FD.

PIDM guaranteed.
No CASA, or any other extra condition, straight FD effective 4.25%.
*
Thats a good deal rclxms.gif

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.



 

Change to:
| Lo-Fi Version
0.0244sec    0.74    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 01:02 AM