rayonline
30-07-2016, 12:34 PM
I have been doing some watching and reading.
What does the yield history mean with open close etc ..? Ie WIA030 says 3.8% at the moment.
The coupon rate is 4.25%.
Put in $100, each year I get 4.25%.
Matures in 2023, 7yrs away. I get $4.25 each year of the 7yrs.
It is trading at $103.609 so I am paying a premium for it for the a $100 value so need to account for that I know.
Is the yield percentage the adjusted return with the premium price at the time? Ie that $103 over the $100.
Also how do I know if the bond is a fixed rate or a floating? Such thing as a floating?
What does the yield history mean with open close etc ..? Ie WIA030 says 3.8% at the moment.
The coupon rate is 4.25%.
Put in $100, each year I get 4.25%.
Matures in 2023, 7yrs away. I get $4.25 each year of the 7yrs.
It is trading at $103.609 so I am paying a premium for it for the a $100 value so need to account for that I know.
Is the yield percentage the adjusted return with the premium price at the time? Ie that $103 over the $100.
Also how do I know if the bond is a fixed rate or a floating? Such thing as a floating?