I’m sharing this summary of the retail bonds that are listed in sgx for those who are in the same boat as me – trying to piece up a portfolio of fixed income instruments for your own or your parent’s portfolio. Those who do not know about bonds, I can share a bit here.
|Click on it to enlarge the pic. Double check the info, I might be wrong.|
Crash course on bonds:
1. There’s a par value for every bond. In the case of all the retail bonds listed in sgx, they all have a bond value of $1. This is important because a bond will be redeemed by the issuer at the par value, not matter what market price you bought it at. For instance, if you bought a bond at market price of $1.05. Upon redemption, the issuer will only pay you back $1.00. This …