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ankm's Comments

14 Comments

14. ankm

| Link|December 6, 2011 12:51:01 PMReply

Muthoot fincorp is offering highest ever 13% coupon rate on 3 year Bond and 12.75% on 1.5 year bond. Minm inv = 1 lac; private placement

13. ankm

| Link|September 29, 2011 12:01:30 AMReply

the discount is very limited (even less than upfront commission offered by brokers), showing the perceived quality of NCD is better than others

12. ankm

| Link|September 29, 2011 12:00:22 AMReply

I also have not receieved as yet.

11. ankm

| Link|September 20, 2011 11:09:51 PMReply

Ya buy them from the market to get 14%.

10. ankm

| Link|September 15, 2011 11:16:45 AMReply

this classic is a difference between a trader mentality and investor mentality. but never mind, its these traders who keep the market alive, otherwise there wont be any liquidity in the market

9. ankm

| Link|September 14, 2011 10:54:46 PMReply

Going by Manappuram and IIISL bonds, giving YTM in the range of 13.6-14%, Muthoot 5 year bond should list much below 975, As per my estimate it should list somewhere around 940-945, to give a comparable yield for a AA- rated bond. 3 Year bond could end up between 965-970.

8. ankm

| Link|September 14, 2011 4:10:36 PMReply

if you are getting 14% yield on a investment for 2 years (at ending mkt prices). wheere's the hue & cry. Time to buy.

7. ankm

| Link|September 14, 2011 3:59:19 PMReply

hi coolboy, My 14.09% calculation was based on price of 980, which was ruling in the morning (it increased thereon to 1000 though!!!). Formula was simple: =+(1132.25/980)^(365/400)-1, cg tax rate of 10% to get 12.68%

6. ankm

| Link|September 14, 2011 9:56:42 AMReply

MFL 400 day giving you yield of 14.1% pre tax and 12.7% post tax (considering 10% CG tax). 400 day is riskless.

5. ankm

| Link|September 12, 2011 10:04:53 AMReply

ya manappuram interest credit today morning in bank a/c

4. ankm

| Link|September 10, 2011 12:04:29 PMReply

bonds alloted, but i hvnt got interest credited.

3. ankm

| Link|September 9, 2011 4:28:58 PMReply

what happended to manappuram allotment

2. ankm

| Link|September 8, 2011 1:56:12 PMReply

what about manappuram?

1. ankm

| Link|September 7, 2011 4:30:16 PMReply

what commission u give