On November 10th, 2024, investors will receive the balance of their principal investments in the NROCC 9.375% 2024 bond.
Today we will:
A Refresher on what you own
The National Road Operating and Construction Company issued a global bond in 2011. It paid an annual interest rate of 9.375% (twice per year in May and November) and investors received 50% of their principal in 2023 and will receive the remaining 50% in 2024. The bond was unconditionally...
In the ever-changing landscape of the financial market, investors are often faced with the challenge of navigating through the complexities of various investment options. In last week’s article, Eugene mentioned the critical concept of bond duration, and noted that investors should pay keen attention to this when looking to build a solid portfolio. With the Federal Reserve signaling its intention to reduce interest rates, the concept of bond duration has become even more important for investors to grasp as it will help in making solid investment decisions to maximize yields and reduce risk.
But what exactly is bond duration and why does it...
When the interest rate environment changes, investors face unique challenges, especially when it comes to replacing a maturing bond. For instance, many local investors hold the NROCC (National Road Operation and Construction Company Ltd.) 9.375% bond maturing in November. They received 50%...
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As the landscape of fixed-income investments continues to change, the upcoming maturity of NROCC (National Road Operation and Construction Company Ltd.) 9.375% bonds presents both opportunities and challenges for investors as they find themselves at a crossroads concerning their next steps...
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When life changes, money inevitably changes too. Major life events often prompt reevaluating financial priorities, strategies, and habits. Understanding the intersection of life transitions and financial adjustments is crucial for maintaining financial health and achieving long-term goals...
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The era of elevated bond yields and attractive fixed-income returns is receding, ushering in a new phase where the dynamics of income generation and capital preservation require a sophisticated approach.
The inverse relationship between bond prices and yields has been a cornerstone of...
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