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(22-02-2014, 11:10 AM)pianist Wrote: [ -> ] (21-02-2014, 10:16 PM)valuebuddies Wrote: [ -> ] (21-02-2014, 09:47 PM)pianist Wrote: [ -> ]is the brokerage commission rate/fee for retail bond the same as that for shares?
Yup, closing price 1.006 means I got $36 profit, less the broker fee which is about $30 + $2 ATM fee. I still got $4! 
This equals to 4 cup of coffee at S11, but not enough to have 1 at Starbuck.
so that is based on yr 6 lots allocated..
for me, if I have 6 lots allocated, my broker fee is about $15+$2 atm, I still got $19 to chiak kopi, enough to have 3 cups at starbuck
Interesting! Your broker fee only $15. Are you using SCB or ???
Not possible with SCB, I tried asking but can't apply through SCB so have to press at ATM. If SCB the fee would be even cheaper
how come min fees $15 only so cheap? which brokerage house?
Just saw all my 8 lots got filled at 1.006. Looking forward to a net gain of abit 30 buck for a chiak kopi at Starbuck. Nice
might as well hold for the 3% yield?
30 bucks really no meaning man lol
Hmm..quite TRUE..thanks for the pointer.
you have a long term mentality while others may have a trading mentality
When is the 1st coupon payment of 1.54%. This coming AUG? You should sell around this time if you don't want to hold too long. You should get so much better than 1.006. i don't think FD rate going to change much up to AUG 2014.
8 lots I would just treat it as fixed deposit and hold maybe even till maturity. Sell for $30 is pointless for me.
with the ocbc's 3.05% saving deposit rate with no lock in at all, I wonder if it is still attractive to hold onto this bond?
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