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25% Yield what am I missing?
Nem202
Posted: 27 October 2024 08:47:33(UTC)
#1

Joined: 27/10/2024(UTC)
Posts: 2

I am bond novice and wanted to ask what am I missing on a bond like Zenith Finco XS2436885409 which is paying 20 to 25% per annum at the current market price. Zenith seems a pretty safe company....profit is good, cash flow, turnover, B rated....Seems like a low risk for an extraordinary % return....or maybe I am missing something.

Thanks for all your advice.

Nem
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