Apart from 9% pa returns, what else do we know about the bond?
Based on my experience investing in a similar NBFC bond last year,
few key facts to find out before investing in the bond would be…
- How long for the bond to mature?
- What are the company’s prospects during this period?
- Are the bonds secured? senior?
- How well-subscribed is the ongoing bond IPO?
- Has the company delayed/default on any of its dividend/principal payments in the past?
Have you read the bond IPO prospectus (or have a link to it) ?