Moomoo Singapore Help Center-How do I receive coupon payments
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Help Center Trading Moomoo Wealth Bonds How do I receive coupon payments

How do I receive coupon payments

1. How can I receive coupon payments？

You can receive coupon payments for bonds bought and settled before the coupon payment date. Generally, a coupon payment will be automatically credited to your account within one week after the coupon payment date.

 

2. How much can I receive for a coupon payment？

The amount of each coupon payment is determined by the coupon rate and payment frequency. For example, if the coupon rate is 10% and the nominal value is $10,000, then the annual interest is 10,000 * 10% = $1,000. If the coupon payment frequency is twice a year, you will receive $500 each time.

 

3. Will Moomoo SG withhold tax on coupon payments?

Coupon payments to clients are not subject to withholding. Clients should pay taxes on their own as needed. 

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