Jun 12 Sembilan CoForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Jun 12 Sembilan CoThis topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts June 4, 2016 at 8:26 am #319251 hahadogMemberTopics: 5Replies: 5☆Hi John,For this question, why the receipt of payment don’t need to deduct the 60 basis points? June 4, 2016 at 10:08 am #319277 John MoffatKeymasterTopics: 57Replies: 54337☆☆☆☆☆The 60 basis points only applies to the interest payable on the floating rate bond (and increases the interest payable).AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In