Jozi Bond

[surfer]

looking at getting some fixed income in my porfolio even though I am only 24.Reason being to cover possible value trap where market trades sidewards for while.Look no one can predict the future so Having fixed income never harmed anyone.I am looking at Jozibonds.It has jibar +spread.What are your guys views on thos one or are there better retail type bonds.I dont want pref shares.How is the price determined as I see SBK is a market maker or does it always trade at PAR

[SimonPB]

SB as market maker always ensuresthat they trade at full value with interest added every day.

[Marko_1]

If that's what u want, also look at SBR001 & SBR02 for comparisons.
I have not done any research into the Jozi Bond or the Std bank retail deposit notes to compare - pls come back with your findings for general info - tks

[SimonPB]

the jozi pays a better rate

[surfer]

Jozi u have to deal in R1000 ,retail notes R100.Jozi better rate cause little higher risk of Jozi going bust than SBK.Sbr002 there is not UST on transactions-well what websites says,dont quote me ,not sure about Jozi and UST.Not much difference in rates though the Jozi five year has Jibar +40 basis point spread