The SIA MCB 2021 is a zero coupon bond. This means that when you put in $100, you will not get any payout till it is ‘redeemed’. The Bond is for a duration of 10 years, but SIA can redeem…
The SIA MCB 2021 is a zero coupon bond. This means that when you put in $100, you will not get any payout till it is ‘redeemed’. The Bond is for a duration of 10 years, but SIA can redeem…