Bonds can have a number of pre-determined milestones built into the documentation which are important for investors to consider, such as early calls, but there are also other events that can make changes to the way investors view a bond.
The digital revolution is transforming the way FIIG engages with bond investments, and our goal continues to be making investing in bonds more accessible and transparent than ever before.
Trade opportunities
We've updated our Sample Portfolios for the month. Weak employment numbers in the middle of the month pushed yields lower but then a stronger than expected monthly inflation number pushed them back up again. We ended the month basically where we started.
General
New issues update
Returns on bonds can be further increased when bonds approaching their maturity or call dates are reinvested ahead of time. We look at the benefits of actively managing maturities and early redemptions to get the most out of fixed income portfolios.
FIIG’s in-house Research team summary a report which covered the trends of various sectors over FY24 so far.
We are approaching a consequential point for Federal finances and the macroeconomic backdrop. However, the real changes were set in motion in 2018, when the Stage 3 tax cuts were first legislated. Most other developments in the 2024 Budget are of decidedly modest importance in comparison.
General
New issues update
Economy
The March quarter CPI result showed a sticky inflation and higher than expected results for both the quarter and the month – but it wasn’t all bad news.
Trade opportunities
The current portfolio yields an indicative 5.90%* to the assumed maturity dates with an approximate $204k spend.