Showing posts with label government bonds. Show all posts
Showing posts with label government bonds. Show all posts
Friday, July 2, 2010
Got more than RM1k from interests of my Government Bonds
Government bonds are also known as Treasury bills. The interests that you earn from government bonds are known as coupons. Yesterday, I received more than RM1k that was banked into my Public Bank account for the coupons that I received from my 3 government bonds, namely Sukuk, 1 Malaysia and another government bond of which I have forgotten the name. The coupon rate is 5% and paid either monthly or quarterly. Treasury bills pay more than the standard Fixed Deposits in banks. Hence, it is a wise move to buy some government bonds to get better returns for your income. Make your money work for you and not the other way around.
Labels:
coupons,
FD,
fixed deposits,
government bonds,
interests rates,
investment,
sukuk 1 Malaysia,
treasury bills
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