Treasury Bills / Bonds Investment -help me to understand.

[Deestone]

i suspect, meron pang darating.
business is starting to up-gear...

Yes, I will get another one.... BDO has not called me up yet regarding the allotment of SMC

[papi smith]

BSP readies for another jumbo rate hike to match aggressive US Fed - Philstar.com

[papi smith]

Did you get AEV? They extended the dates for one week and increased the indicative rate by 0.2% [emoji38]

WTF! BSP will be increasing rates by 0.75% come November 17 and 7 year ROP bonds will most likely cross the 8% mark by then, guaranteed pa, samantalang corporate bonds while we know that the company will not go bankrupt, they may at anytime suspend interest payments.

[Deestone]

Did you get AEV? They extended the dates for one week and increased the indicative rate by 0.2% [emoji38]

WTF! BSP will be increasing rates by 0.75% come November 17 and 7 year ROP bonds will most likely cross the 8% mark by then, guaranteed pa, samantalang corporate bonds while we know that the company will not go bankrupt, they may at anytime suspend interest payments.

I did not get AEV because SMC offer much higher hehe.... I'm not familiar with government bonds is it similar to corporate bonds wherein you will get it from the bank?

[kagalingan]

sa november 17 maghuhulog ako sa gobierno

tumubo na yung sa bdo ko in 30days. May 4thou ako sa 1.5milyones.

[kagalingan]

kumarga ako ulit sa BDO. For 49 days 3.8%net. Bale bukas malalaman final kasi past trading time na ako.

bukas kakarga ako sa treasuries.

[Deestone]

I called up BDO to ffup on SMC bonds and they told me offer for reservation had been extended until Nov. 21

[papi smith]

Yes, ask your bank if they are offering and kindly share the rates and tenor here, thanks.

[papi smith]

Slow take up most probably because investors are waiting for better rates especially after a 0.75% effective today and another 0.75 coming.

[kagalingan]

bpi sekondary market 79 days 4.3%

[kagalingan]

mas maganda yung own short term ng bdo kung icompare ko sa treasuries ni metrobank at bpi.

kasi kay bdo wala ng transaction fee. Kay metrobank meron 100 notaryo tapos si bpi parang 250 ata!!!!

but syempre hinid fair ang comparison kasi dapat sa bdo treasuries ko icompare. Pero iba ito si bdo kasi meron sila sarili investment na parang treasuries/bonds/

[Deestone]

Finally BDO sent me documents for signature this is for SMC bonds. Im glad that they approved my allocation.

[papi smith]

How much is the net final interest and how long till maturity? Is it for SMC and not SMC Infra or Energy?

[Deestone]

How much is the net final interest and how long till maturity? Is it for SMC and not SMC Infra or Energy?

This is for SMC.... final interest is 6.7921% for 10years maturity.

[papi smith]

That's a good rate already, I remember I had a 10 year SMC bond at 10.25% net before, that was until Kim Henares taxed Corporate bonds.

[Deestone]

That's a good rate already, I remember I had a 10 year SMC bond at 10.25% net before, that was until Kim Henares taxed Corporate bonds.

Yeah so I grab it. Aren't you getting SMC bonds now?

[papi smith]

My fixed income portfolio is 75% SMC, half of which will mature this December. Now that interest rates are rising, there will be plenty of options so I can diversify.

[dreamur]

Not sure how long CIMB can absorb the loss, but it's tempting.

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[Deestone]

Not sure how long CIMB can absorb the loss, but it's tempting.

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But this is just for 2 to 3 months time only right?

[Mask Rider Blac]

Until year-end.

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