I was alerted to a facebook feed regarding this year's first retail bond launch. This is more exciting that the savings bonds thingy to me. Frasers Centrepoint Limited (FCL) is offering a bond, open to both retail and institutional investors. The terms of the bonds are as follows: Duration: 7 years Coupon yield: 3.65% Open for subscription: 13th May 2015, 9am Closing: 20th May 2015, 12 noon Minimum amt for retail: $2000, with integral multiples of $1000 thereafter Retail (public tranche): $150 million Institutional tranche: $50 million This is likely the first bond I've seen in which the retail tranche is bigger than the institutional tranche. This will create a lot of good will for FCL. The usual way to apply is like applying for IPO, which is through participating banks like DBS, POSB, OCBC and UOB ATMs. Take note that you need to put in a min of ......