the percentage of return an investor receives based on the amount invested or on the current market value of holdings; it is expressed as an annual percentage rate; yield stated is the yield to worst — the yield if the worst
possible bond repayment takes place, reflecting the lower of the yield to maturity or the yield to call based on the previous close
the percentage of return an investor receives based on the amount invested or on the current market value of holdings; it is expressed as an annual percentage rate; yield stated is the yield to worst — the yield if the worst
possible bond repayment takes place, reflecting the lower of the yield to maturity or the yield to call based on the previous close
Mike Greeff, CEO of Greeff Christies International Real Estate, is also optimistic on the effect on the market: «Any type of easing in interest rates will encourage individuals to get involved in the property sector, as well as bring relief for current
bond holders in that it will have two
possible effects: it could either create additional disposable income in their budgets, or it will allow for a higher than required
bond repayment which can in essence take years off your
bond.»