Bond: RUS-27 Face value: $200,000 Price: 86.00% of face value =
$172,000 Broker commission,
by default 0.057%:
$172,000 *
0.057% =
$98.04 Accrued interest: $826.39 You will pay:
$172,000 +
$98.04 +
$826.39 =
$172,924.43 for 1 pcs.
By maturity date 23.06.2027
(in 525 days) you will receive coupons (inclusive of taxes 13%) $11,092.5,
as well as the body of the bond net of tax from the redemption of the bond $196,360 total:
$207,452.5 Your profit*
for all time will be:
$207,452.5 -
$172,924.43 =
$34,528.07 or 13.88% per annum.
* Provided that the last known coupon remains unchanged
English (US)