Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

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

views
     
mopster
post Oct 24 2013, 10:33 PM

m o p p y
*******
Senior Member
7,960 posts

Joined: Dec 2007
From: Kuala Lumpur


QUOTE
DanaInfra Nasional Berhad is pleased to announce the issuance of the Second DanaInfra Retail Sukuk. The Syariah-compliant Retail Sukuk will be offered to the general public and retail investors who wish to invest in the Exchange Traded Bond / Sukuk (“ETBS”) and participate in funding the development of the nation’s key infrastructure project i.e. the Mass Rapid Transit (MRT) Poject.
The Offer Period of this Second DanaInfra Retail Sukuk is from 9.00 a.m on 24 October 2013 to 5.00 p.m on 15 November 2013.
The details and timing of events leading up to the listing of the Second DanaInfra Retail Sukuk are as follows:-


Amount : Up to RM100,000,000.00 Nominal Value

Tenure : 15 years

Profit rate : 4.58% per annum

Opening date for Danainfra Retail Sukuk offering : 24 October 2013

Closing date for Danainfra Retail Sukuk offering : 15 November 2013

Listing and commencement of trading : 28 November 2013


For more information, visit www.danainfra.com.my
http://www.danainfra.com.my/images/stories...nd_issuance.pdf

4.58% hmm.gif

This post has been edited by mopster: Oct 24 2013, 10:34 PM
mopster
post Oct 27 2013, 02:14 AM

m o p p y
*******
Senior Member
7,960 posts

Joined: Dec 2007
From: Kuala Lumpur


hihi
i've a question on ETSB (Exchange Traded Bonds/Sukuk)
let's say i've successfully applied 1lot (10units of RM100).
I hold for 15 years until maturity...
on maturity, i should get back the face value, right ?
so my questions are:
1)what if it's traded at RM110 on the last trading day ? do i get back RM1100 or RM1000 ?
2)what if it's traded at RM90 on the last day ? do i get back RM900 or RM1000 ?
3)if i'm to get back RM1000 no matter what the last traded price is,.. does that mean I will have additional gains if my Average Bought Price is RM90 (for example)?

mopster
post Nov 20 2013, 12:49 AM

m o p p y
*******
Senior Member
7,960 posts

Joined: Dec 2007
From: Kuala Lumpur


603 applications worth RM220M.. means average per application is RM365k for MRT Sukuk...
mopster
post Nov 30 2013, 04:56 AM

m o p p y
*******
Senior Member
7,960 posts

Joined: Dec 2007
From: Kuala Lumpur


QUOTE(gark @ Nov 29 2013, 10:42 AM)
user posted image

OR.. you can use online calculator...

http://www.investopedia.com/calculator/aoytm.aspx
*
hi sifu gark...
i tried using the calculator.. but i'm getting 2.38% YTM...
do u know where i got it wrong ? hmm.gif notworthy.gif




Attached thumbnail(s)
Attached Image

 

Change to:
| Lo-Fi Version
0.0252sec    0.57    7 queries    GZIP Disabled
Time is now: 8th December 2025 - 10:16 AM