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Post by saraph on Jun 20, 2016 12:34:18 GMT
Hi guys, I saw this loan on SM and I'm pretty confused how this YTM 15.5% was calculated. Can anyone elaborate? Here are screenshots of the listing in SM and its payment schedule:  |
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Post by littleinvestor on Jun 21, 2016 11:45:16 GMT
I would think it is because as if you would invest now, you would catch perhaps the interest from the first late payment too with late payment interests, therefor it goes over the foreseen initial interest rate of 12,5%...but it would be nice to see the formula behind indeed.
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Post by martins on Jun 22, 2016 11:33:08 GMT
Noted with thanks. This is a bug on our side. The fix should be provided shortly.
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Post by saraph on Jun 23, 2016 12:46:32 GMT
Noted with thanks. This is a bug on our side. The fix should be provided shortly. So if it's sold at premium and return rate is lower than YTM, it always has to be a bug, right?
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