Tried to find from IB AUs If one can purchase ASX listed AUs Govt and Corporate Bonds! Customer service says NO? Any body has any exp Also with an exchange traded bond held until expiry is the yield paid on face value? or closing price of Bond One AUS bond is trading around 105+ and the interests is 5.5% so if bought at 105.6 and held till expiry do we get paid 5.5% of 100 or whatever the closing price on the last day? Assume you can borrow at 3% and invest for 5,5% but then if purchase price is already 105.5 then what is the point!
true but with home equity I am able to borrow say at 2.75% and then can invest in this Govt Bond for 5.5 provided I use the NON Exchange traded version. but then I wonl;t be able to leverage
Maturity Date (click for PDF Term Sheet) Coupon Interest Rate (pa) ASX Code Coupon Payment Date* 15-Jul-2022 5.75% GSBM22 15-Jul, 15-Jan 21-Nov-2022 2.25% GSBU22 21-Nov, 21-May 21-Apr-2023 5.50% GSBG23 21-Apr, 21-Oct 21-Apr-2024 2.75% GSBG24 21-Apr, 21-Oct 21-Nov-2024 0.25% GSBU24 21-May, 21-Nov 21-Apr-2025 3.25% GSBG25 21-Apr, 21-Oct 21-Nov-2025 0.25% GSBU25 21-May, 21-Nov 21-Apr-2026 4.25% GSBG26 21-Apr, 21-Oct 21-Sep-2026 0.50% GSBQ26 21-Sep, 21-Mar 21-Apr-2027 4.75% GSBG27 21-Apr, 21-Oct