Face value of bond

commie_rick

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how do i find out the original face value of bond ?

lets say company ABC issued ABC3.08%210220
3.08% -> Coupon rate is 3.08%
210220 -> Maturity Date is 20/02/2021

how do i find out the original face value and the date it was first issued ?
 

MikeDirnt78

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250k is the min investment amount.

Face value is usually $100 or $1,000 for a bond. Bonds will trade at a premium or discount over the face value.
 

chewmeyo

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If you look at "Min. Investment Quantity", you'll see that it is $250k. So the face value of 1 lot of this bond is $250k.
 

commie_rick

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MikeDirnt78

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commie_rick

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Don't bother about the lot.

The following information are more important.

So you can buy any amount as long you follow.

Min. Investment Quantity
SGD 1,000
Incremental Quantity
SGD 1,000


1. what about the selling price? 98.177? is this the price currently trading in the market?
2. what is the par value ? $1k?

im pretty confused, please help
 
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MikeDirnt78

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1. what about the selling price? 98.177? is this the price currently trading in the market?
2. what is the par value ? $1k?

im pretty confused, please help

See the link that you posted. How much you will be paying and getting at maturity will be on the calculator.

Par value is still $100. You buy $10k, you will get back $10k at maturity.

If you are still confused, I suggest you read more at the bond school by FSM. There will be jargons like yield to maturity, dirty price, etc that you can learn.
 

Shiny Things

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how do i find out the original face value of bond ?

lets say company ABC issued ABC3.08%210220
3.08% -> Coupon rate is 3.08%
210220 -> Maturity Date is 20/02/2021

how do i find out the original face value and the date it was first issued ?

You don’t need to be evasive; tell us the actual company. It makes it a lot easier to answer the questions if we know which bond you’re talking about. Though generally, the rule for bonds is that the face value is a multiple of $100 or $1000.

For anyone who’s wondering, five seconds googling tells us that company ABC is Capitamall.

This one has a minimum trading size of $1k, so that’s the face value. If you buy $1k of it, you’ll pay about $987, and you’ll get the coupons six-monthly as well as $1000 when the bond matures.
 

commie_rick

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The asking price refers to percentage of face value.

So one lot sells for 1000 x 98% in this case.

I think this bond is selling below par value because it's risky.

below par value is a discount isn it ? since the yield % is the same. i pay lower price and i get back the par value after the call.
 

commie_rick

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See the link that you posted. How much you will be paying and getting at maturity will be on the calculator.

Par value is still $100. You buy $10k, you will get back $10k at maturity.

If you are still confused, I suggest you read more at the bond school by FSM. There will be jargons like yield to maturity, dirty price, etc that you can learn.

thanks . will read it
 

commie_rick

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See the link that you posted. How much you will be paying and getting at maturity will be on the calculator.

Par value is still $100. You buy $10k, you will get back $10k at maturity.

If you are still confused, I suggest you read more at the bond school by FSM. There will be jargons like yield to maturity, dirty price, etc that you can learn.

does fsm = fundsupermart?
 

bobobob

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below par value is a discount isn it ? since the yield % is the same. i pay lower price and i get back the par value after the call.

Yeah it's selling at discount, you will get the par value back at maturity/call. Yield % is higher than the coupon because it's selling at discount.

But take note that the ask price and yield here don't take into account commission.
 

commie_rick

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Yeah it's selling at discount, you will get the par value back at maturity/call. Yield % is higher than the coupon because it's selling at discount.

But take note that the ask price and yield here don't take into account commission.

sure. thanks.
the call is less than a year away. im gonna check the total price plus fees
 
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