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Government Bonds

[Deleted User] · 2015-11-26 14:52:45

I've some problems with Government bonds which is college report related I'd like some help with. Mods feel free to remove if this isn't allowed. My questions though relate to the actual working and real world figures as far as I can see. So we're told that we have 1000 2016 4.6% Irish Government bonds which we purchased…

26-11-2015 2:52pm

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[Deleted User]
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I've some problems with Government bonds which is college report related I'd like some help with.
Mods feel free to remove if this isn't allowed.

My questions though relate to the actual working and real world figures as far as I can see.

So we're told that we have 1000 2016 4.6% Irish Government bonds which we purchased at e103,440 which I'd imagine is e103.44 each.

The lecturer hinted they should be sold now and not allowed to mature.

I worked the GRY on them and got a figure of about 2.6%.

What does that percentage tell me?.

I don't understand how you can work out what bonds are worth now and a maturity comparison.

I assume they mature at e100 each(the starting price) so since they were bought over price(and trading at e101 now) at e103 on that basis alone they should be sold.

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