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Fred114
04-05-2012, 06:13 AM
Could someone help me work out when my bonds have made a capital gain? Is there a calculator out there I could use?

CJ
04-05-2012, 07:59 AM
are you meaning from a tax perspective? All bonds (financial arrangements) are held on revenue account. There are no capital (non taxable) gains.

Fred114
04-05-2012, 09:15 AM
I guess what I mean is the realised gain at a given price in the market. For example, I hold RCSHA. purchased at 104.9684. If I put these to market, what gain/loss would I realise....

Toulouse - Luzern
05-05-2012, 12:39 PM
Hi
Hope this helps

Last price 10510 (NZD)
Plus 30 for day or plus 0.3%

Date and Time 04/05/2012 16:42 NZT

VWAP Buy Sell High Low First Volume Value

104.93 10490 10510 10510 10480 10480 76,000 $79,747


rgds

GTM 3442
05-05-2012, 02:13 PM
are you meaning from a tax perspective? All bonds (financial arrangements) are held on revenue account. There are no capital (non taxable) gains.

I thought tht it was a little more complex - that if you were a trader, you could claim a loss if you bought at more than face value and sold or redeemed for less. Naturally, you'd be slugged with tax on any profit from buying at less than face value and selling/redeeming at more.

Fred114
05-05-2012, 03:08 PM
Can I factor in the interest generated that I would otherwise receive on these bonds when determining a profit or loss? RCSHA are pref's, but AIR010 redeem in 2016. When I purchased these, the accrued interest was added at 6.8% on a 6.9% note value. Would I receive this if I sold the bond at the current market 6.6%?