New Astrea V

M

mycashewhouse

Senior Member
Joined
Mar 12, 2020
Messages
1,152
Reaction score
226
(total dividends u will receive - 1500) /11500/no of years

lightings said:
This Astrea V today's price is $1.15 and had paid out one distribution already.

Curious, if for example buy 10,000 units from the open market at $1.15, what is the actual yield that the buyer will be getting for his this 10,000 units bought at $1.15?!
Click to expand...
 
tangent314

tangent314

Moderator
Moderator
Joined
Jul 26, 2002
Messages
5,136
Reaction score
224
The yield of bonds you hold don't change if you hold it to maturity, unless there is a default. You can of course get higher yield by selling off the bonds when interest rates go down.
 
M

mycashewhouse

Senior Member
Joined
Mar 12, 2020
Messages
1,152
Reaction score
226
Its 0.0045 *100=0.45%yield

lightings said:
But if use your this calculation method, the figure come out is very small at 0.0045 hence should be wrong.

So just for easy illustration is it for very $10,000 bought at $1.15, the actual yield is [($385 times 4.5) minus 1500] divide by 11500 divide by 4.5 years equals only 0.0045

So who knows what is the actual yield if example buy $10,000 at $1.15 currently?!
Click to expand...
 
M

mycashewhouse

Senior Member
Joined
Mar 12, 2020
Messages
1,152
Reaction score
226
U pay 11500 but get back 10000

Isnt it 1500 loss?

lightings said:
Who knows is my this own calculation method correct or not?

(385 times 4.5)minus 115 divide by 4.5 and divide by 10150 = 3.54 %

Hence is it the actual yield that I am getting if I buy example $10,000 from the open market at $1.15 and hold till maturity, then the actual yield I am getting is 3.54%?!
Click to expand...
 
tangent314

tangent314

Moderator
Moderator
Joined
Jul 26, 2002
Messages
5,136
Reaction score
224
If your bond calculator isn't taking into account the exact date of purchase and the exact date of call/maturity, it will not calculate the correct yield.
 
M

moejoseph

Senior Member
Joined
Aug 25, 2009
Messages
2,031
Reaction score
1
lightings said:
But if use your this calculation method, the figure come out is very small at 0.0045 hence should be wrong.

So just for easy illustration is it for very $10,000 bought at $1.015, the actual yield is [($385 times 4.5) minus 1500] divide by 11500 divide by 4.5 years equals only 0.0045

So who knows what is the actual yield if example buy $10,000 at $1.015 currently?!
Click to expand...

0.45% shld be correct. How long will we need to hold this for? 4.5 years?
 
M

moejoseph

Senior Member
Joined
Aug 25, 2009
Messages
2,031
Reaction score
1
mycashewhouse said:
He ownself typo expect me to chk if thr price is correct :s13:

The price is actually 1.015 n not 1.15, so yield will b higher
Click to expand...

Curious, so what's the yield haha

There's risk buying from open market as well, should the price drop back to $1 lol
 
tangent314

tangent314

Moderator
Moderator
Joined
Jul 26, 2002
Messages
5,136
Reaction score
224
Infractions have been given for obvious reason.
If you persist or try to discuss the moderation action, there will be Leave of Absence handed out.
 
blue_denim24

blue_denim24

Member
Joined
Jul 17, 2018
Messages
294
Reaction score
23
Anyone received interest payout for June 2020 for astrea V

Also, this year no plan for astrea vi launch ? I don't see any news about it

Posted from PCWX using ONEPLUS A6000
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top