Moolahsense(My tenth campaign with Moolahsense)
Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense, haha(this is not a sponsored post by the way)
Issuer summary
Date of listing:Mar 2018
Amount:S$100,000.00
Tenor: 12 months
Note type: Callable
Quoting from the SGYoungInvestment
Callable: In a Callable note, an issuer has an option to early redeem the note on a quarterly basis. If the note is not early redeemed, the issuer pays a quarterly interest. The principal will be fully repaid on the quarter that the redemption is early called or at the maturity date. Assume that you invested $10k in a campaign at a final note rate of 13.5% p.a. in a Callable note.(Below is a very useful illustration) Repayment frequency: Quarterly
Repayment frequency: Every 3 months Target interest rate:16%P.A
Quoting from Moolahsense website
Target interest rate: The ......