CMT retail bonds
By Bully The Bear  •  February 10, 2014
Capital Mall Trust (CMT) made an announcement today that they are going to issue retail bonds. The terms of the bonds are as follows:


1. Years to maturity = 7 years
2. Interest = 3.08% pa, paid semi-annually on 20th Aug and 20th Feb, starting this Aug
3. Capital guaranteed if held till maturity since it is a bond
4. Issue price is $1.00 and the par value is $1.00. Should be in board lot size of 1000 shares
5. To ballot for it, you need a min of $2k, with incremental multiples of $1k 


You can ballot for it by going to ATM at 9am on 11th Feb 2014 and it’ll close at 12 noon on 18th Feb 2014. I think the process is the same as balloting for IPO shares through ATM. You pay the amount first, add on a fee of maybe $1 or (Read more...)...
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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