HSBC 5.625% Perpetual: USD13,094 Profit

On 29 Nov 2016, we had call to buy HSBC 5.625% Perpetual at 96.50.
See here: myasiaprivatebank.blogspot.sg/2016/11/hsbc-coco-perpetual-bond.html?m=1

Today this bond is trading at 101.00.

If you had bought USD200k of the bond, you would have received profit of USD13,094.00 (coupon included).

If you miss the boat, that is fine. The next buying opportunity will come again when bond price drops below 98.00.


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