HSBC 5.625% Perpetual: USD16,813 Profit
On 29 Nov 2016 we had call to buy HSBC 5.625% Perpetual at 96.50:
myasiaprivatebank.blogspot.sg/2016/11/hsbc-coco-perpetual-bond.html
Today this bond is trading at 102.00.
If you have bought USD200k of this bond on 30 Oct 16 at 96.50 and sold it today at 102.00, your return will be:
Coupon + Capital gain + Accrued Interest = USD16,813.
Good opportunity to buy again is when bond price is below par again.
myasiaprivatebank.blogspot.sg/2016/11/hsbc-coco-perpetual-bond.html
Today this bond is trading at 102.00.
If you have bought USD200k of this bond on 30 Oct 16 at 96.50 and sold it today at 102.00, your return will be:
Coupon + Capital gain + Accrued Interest = USD16,813.
Good opportunity to buy again is when bond price is below par again.
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