Quote from failed_trad3r:
That makes no sense. OMG I just looked at my statements and i paid interest to somebody?
This makes no sense, if I OWN bonds should I get paid interest by the company from which the bonds came? And not pay interest to some random dude I don't even know????
Quote from Bob111:
failed...if investopedia info doesn't make any sense to i going to try (i hope you can appreciate that) to explain how accrued interest works. btw-you really should do your homework and at least TRY to figure this out on your own.(no wonder you failed)
semi annual mean-interest is paid twice a year. let say 1/1/2011 and 6/1/2011
you bought this bond today. from 1/1/2011 till today is like 9 days. YOU have to pay the guy,who sold this bond to you. whatever ACCRUED(accumulated, if you will) interest for those 9 days is. BUT! take a closer look in detailed description from IB site on same bond i post earlier. notice that the COUPON TYPE IS FIXED. mean-they will pay twice a year and payment will be fixed amount of money. my example above will work for this type.
now- if you too fucking lazy to use that FINRA link and put the fucking CUSIP in it-i done that for you. and from what i see-your bond coupon type is VARIABLE. how much and when they are paying -i don't fucking know... at least it's not callable.you bought this piece of shit BBB rated with YTM lower than my local bank is paying on money market(2%). i just bought 2 years CD(FDIC insured) @ 2.25%. and your junk is currently traded @ 1.77%, traded @ 118 with par probably 100. mean-@ maturity price will go down to 100 and you are going to have a loss,which will be recouped by interest payments. after all above-you hopefully will finish with 1.77% profit.(assuming they not going to default on this enormous 1.4B loan somewhere in between)
does this make more sense now? or still too hard to understand what some russian guy with zero professional knowledge in US finances is trying to tell you? in this post above i did explain you more,than any financial adviser from any big full service firm will tell their average customer. do your home work pal. i'm no fucking expert in this field. YOUR knowledge level should be at least this good, before you spend a dime on whatever. you must know, what you are buying and all possible scenarios. educate yourself,no one will do that for you. or soon you nick will be fucked and failed.
take care
http://cxa.marketwatch.com/finra/BondCenter/BondDetail.aspx?ID=MDIyMDlTQUM3
http://www.investopedia.com/university/advancedbond/advancedbond1.asp
Quote from Bob111:
failed...if investopedia info doesn't make any sense to i going to try (i hope you can appreciate that) to explain how accrued interest works. btw-you really should do your homework and at least TRY to figure this out on your own.(no wonder you failed)
semi annual mean-interest is paid twice a year. let say 1/1/2011 and 6/1/2011
you bought this bond today. from 1/1/2011 till today is like 9 days. YOU have to pay the guy,who sold this bond to you. whatever ACCRUED(accumulated, if you will) interest for those 9 days is. BUT! take a closer look in detailed description from IB site on same bond i post earlier. notice that the COUPON TYPE IS FIXED. mean-they will pay twice a year and payment will be fixed amount of money. my example above will work for this type.
now- if you too fucking lazy to use that FINRA link and put the fucking CUSIP in it-i done that for you. and from what i see-your bond coupon type is VARIABLE. how much and when they are paying -i don't fucking know... at least it's not callable.you bought this piece of shit BBB rated with YTM lower than my local bank is paying on money market(2%). i just bought 2 years CD(FDIC insured) @ 2.25%. and your junk is currently traded @ 1.77%, traded @ 118 with par probably 100. mean-@ maturity price will go down to 100 and you are going to have a loss,which will be recouped by interest payments. after all above-you hopefully will finish with 1.77% profit.(assuming they not going to default on this enormous 1.4B loan somewhere in between)
does this make more sense now? or still too hard to understand what some russian guy with zero professional knowledge in US finances is trying to tell you? in this post above i did explain you more,than any financial adviser from any big full service firm will tell their average customer. do your home work pal. i'm no fucking expert in this field. YOUR knowledge level should be at least this good, before you spend a dime on whatever. you must know, what you are buying and all possible scenarios. educate yourself,no one will do that for you. or soon you nick will be fucked and failed.
take care
http://cxa.marketwatch.com/finra/BondCenter/BondDetail.aspx?ID=MDIyMDlTQUM3
http://www.investopedia.com/university/advancedbond/advancedbond1.asp
Quote from failed_trad3r:
huh? what is poison put?
I dont see this mentioned anywhere on the website of finra. So the coupon can do to 6.5% or to 10.5%?
