What’s the rate of interest on GS2062 bonds supplied?
Is there any hidden fees / fee concerned in issuance that we should always concentrate on?
kapsac:
What’s the rate of interest on GS2062 bonds supplied?
Are you speaking about this bond “7.40% GS 2062”?
kapsac:
Is there any hidden fees / fee concerned in issuance that we should always concentrate on
In case you are speaking about Coin then we cost a brokerage of 0.06%.
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Sure, I’m referring to “7.40% GS 2062”… what’s the coupon fee? its not talked about and there aren’t any particulars.
0.06% brokerage on whole worth?
kapsac:
Sure, I’m referring to “7.40% GS 2062”… what’s the coupon fee? its not talked about and there aren’t any particulars.
0.06% brokerage on whole worth?
I believe it’s similar as point out within the identify 7.4%
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What are the relevant fees for transacting in G-secs?
What are the relevant fees for transacting in G-secs?
kapsac:
Sure, I’m referring to “7.40% GS 2062”… what’s the coupon fee? its not talked about and there aren’t any particulars.
The coupon fee is 7.40%. Particulars concerning the curiosity paid are included within the identify itself. This bond is called 7.40% GS 2062, right here’s how the nomenclature works;
7.40% – Curiosity paidGS – Authorities Security2062 – 12 months of maturity
You possibly can test curiosity cost and maturity dates for all G-Secs right here: Curiosity cost dates for presidency bonds (G-Sec)
You possibly can study extra about authorities securities right here:
Varsity by Zerodha
Authorities Securities – Varsity by Zerodha
Perceive put money into Govt. of India T-Payments & Bonds, which is now out there to retail traders. Learn to apply and commerce within the secondary market
Est. studying time: 12 minutes
kapsac:
0.06% brokerage on whole worth?
Yep, the brokerage cost to put money into G-sec by means of Coin is 0.06%, i.e. ₹6 for each ₹10,000 + 18% GST. Defined right here.
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thanks.
Is it issued at par or premium? Because the bid worth is of 105 as an alternative of 100… what occurs when bonds are issued at par; who good points the premium worth?
GOI bonds are traded identical to widespread fairness. The primary concern is ready at par = 100 & the public sale begins.
The demand/provide determines if the worth is at a reduction/premium ie beneath 100/above 100
If its beneath 100 – you might be getting extra yield because the capital achieve additionally comes into image.