Shares & Derivatives
Singapore Bonds to Be Offered In Smaller Bite Sizes
By Doctor Wealth  •  September 2, 2014
Following the recent announcement of changing SGX board lots from 1,000 to 100, MAS and SGX are now also looking to break down the sizes for bonds. Currently, most bonds start from a minimum of $250k, putting them out of rich for most retail investors. Even if they have the money to buy 1 or 2 lots, it would take a large amount of money at least few million dollars for them to create a diversified bond portfolio. While there are retail bonds such as the CapitaMalls Asia bonds, there are only a few of them. img cma One of the main proposals is to allow existing bonds to be redenominated into smaller lot sizes for investors. Another would be to exempt existing bond issuers from prospectus requirements for subsequent issues. This will help significantly as one of the main problems with retail bonds is the higher costs of running a ......
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By Doctor Wealth
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