Received the money on FSM.

But why is the rate 3.49% instead of 3.50%? And why is the payout RM2,094.25 instead of RM2,100.00?

technical hiccup only

Rm60k x7% x182/365

did you withdraw from FSM cash Account to bank?
My last withdrawal money almost instantly received

This time need wait 1 day??
soemthing is wrong again


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I got the money instantly in my bank account.

Oh wait, so you're saying 7.00% semi-annual doesn't simply mean 3.50% every 6 months? They actually count the actual number of days between Sep 26 to March 25, then again from March 26 to Sep 25? Meaning which, the next coupon will be 7% * 184/365? In which case, the total amount will actually be slightly above 7.00% as it is a leap year?

This post has been edited by contestchris: Mar 26 2024, 09:44 PM

Tu cilakak mbb offline ngam ngam that minute
Failed ibft became normal ibg, no return

Bro bonds are like that lah, exact calculation by day
Divide by 365 we untung lo
Overseas even divide by 360days!

Hextar Global Bond any one?

Hextar Global Bhd 7Y MYR New Issuance - 5.100 - 5.300% area


HEXTAR BOND


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Bro, you seem to be on a bond buying spree....

Over here in Singapore, my bond acquisition has dried to a trickle... not many good investment grade bonds to choose from, sadly.

Yield is too low.

Investment Grade

justaskingonly bro.

yeah abit low for long 7 years...

Tropicana 7% Bond

Trade Date Amount Price Yield
23-Apr-2024 0.7 100.23 6.42

Yes price slowly going up,
last time on offer RM93.50 and RM96.00
people takut to buy also.

......

This post has been edited by guy3288: Apr 28 2024, 09:41 PM


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Tropicana share price also surged this week. I'm not sure what announcements have been made, but I guess the bond price is moving in tandem.

Tropicano Share definitely impact bond price la..
when their share not performing so does their company. They are in -EPS, not many ppl would believe they could service their bond. Thats y the low price.
I too have been checking out on them, too much red flag to me, as a beginner...lol

Looking at AUD bonds on FSM. Some with quite good YTM/YTC. Only hesitation is currency risk, i.e., how AUD will fare against MYR in long run.

Converging to 100

Well, most of us here are probably of the opinion that MYR will trend within the lower ranges for the foreseeable future due to a variety of factors both within and beyond our country’s control….

anyone looking at this? trying to buy 20k with 4.25%

In their briefing right now!

As indicated by the poster, please indicate your interest. If the Company is confident they are able to raise the amount, they will launch it.

There was feedback that the coupon rates are not attractive.

Best,
Jiansheng

This post has been edited by Holocene: May 30 2024, 03:29 PM

4.5% yield in this present high interest rate environment may not seem like a lot, but if you take into account that most analysts are expecting a return to lower rates soon, then it’s quite decent.