Fip Project - Group 2
Fip Project - Group 2
Fip Project - Group 2
BOND DETAILS
BOND 6.81% da toll road pvt ltd AAArated (ine424m07016)
Bond Tenure 13 years
Bond Rating AAA
Face Value 1,000,000
Coupon Rate 6.81%
Coupon Payment Quaterly
Date of Issue 30-Mar-22
Tax Type Taxable
Nature Perpetual
COME PRODUCTS (FIP) PROJECT
Face Value (FV) 1,000,000
Lot size 100 YTM Calculation
Minimum Investment(Redemption Vlaue) 100,000,000
Coupon Rate 1.703% Date
Coupon Amount 1,702,500
Time ( in quarters) 52 4/1/2022
YTM 7.320% 3/1/2022
Discounting Factor (v) 0.931796 2/1/2022
Price of the bond 25,207,850 1/1/2022
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Calculation of Bond price
YTM ( in %)
Sigma 6.460716
mean of historical YTM (r) 0.00570154958677686 Coefficient of variance 0.53839301064283
Price on 30th March 2022 (S0) 25,207,850
Strike Price (K) 100,000,000
T 24
Validation of the Call and Put option Price - ( using Put call Parity)
111,623,374 111,623,373.85
Price of Call Option 24412154
Price of Put Option 86415523
Price of the plain vanilla Bond 25207850