ABN Amro 4.40% 27Mar2028: USD8151 Profit

On 20 March 2017 we had identified buying opportunity for ABN Amro 4.40% 27Mar2028 at 100.85.

Rationale is ABN Amro is financially healthy and the coupon has coupon reset feature.

Link: myasiaprivatebank.blogspot.sg/2017/03/new-abn-amro-usd-bond.html

Bond price had risen to 103.30. We would like to take profit on this trade.


If you had bought USD200k face value of the bond, your profit will be USD8151.


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