Cryptocurrency Q&A Will I get 2.5% interest if I buy SGB from secondary market?

Will I get 2.5% interest if I buy SGB from secondary market?

JejuJoyful JejuJoyful Sun Nov 10 2024 | 5 answers 1548
I'm considering purchasing SGB from the secondary market, and I'm wondering if I'll still be eligible for the 2.5% interest rate. Could someone clarify this for me? Will I get 2.5% interest if I buy SGB from secondary market?

5 answers

Maria Maria Tue Nov 12 2024
For investors who acquire SGBs through an exchange, the interest rate remains consistent at 2.5 percent.

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KDramaLegendary KDramaLegendary Tue Nov 12 2024
It is important to note that the interest calculation is based on the original issue price of the SGBs.

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TaegeukChampionship TaegeukChampionship Tue Nov 12 2024
This means that the interest earned is not dependent on the price you paid for the SGBs in the secondary market.

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Nicola Nicola Tue Nov 12 2024
The question arises regarding the interest earned when purchasing Silver Guaranteed Bonds (SGBs) from the secondary market.

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Tommaso Tommaso Tue Nov 12 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot, futures, and wallet options for digital assets.

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