the counter poise to go up after GE 13, 1) it is 100% backed by GoM to its face value, ie RM100 per unit. The bottom is locked, the price has only one direction --- up. 2) coupon rate min 4%, to be paid twice yearly. It is guaranteed. 3) there are in pipeline to lunch more similar bond in near future to support MRT projects as well as to develop the retail bond market. Therefore, logically this first retail bond should give attractive return to attract more retail investors...
Personal loan at Bank Rakyat lowest rate is 5.95% annually (for gov servant only),this susuk paid 4% annually.KFC gov tax is (6%) higher than it's dividend payout.I will wait for GOVTAXSUSUK launching,temporary just insert a few Thai susuk 1st for good luck :)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
seedoubleyousee
9 posts
Posted by seedoubleyousee > 2013-02-08 09:17 | Report Abuse
what counter is this?