Shares & Derivatives
Parking Your Spare Cash – Fraser Centerpoint Limited 3.65% Bonds (7 Years)
By StockBrokerPlaysPoker  •  May 13, 2015
You can read more from the announcement here. and prospectus can be downloaded here Basic Details (Serious investors please read product prospectus before buying) Duration: 7 years Interest: 3.65% Payment: Semi-Annual Offer period: Now till 20 May Noon Close (Retail investors can apply via ATM or iBanking) Min Sum : $2,000 ($1 per share, $1,000 per lot) Trade date: 25th May Currently what are other retail blue chip bonds trading at? Genting perp 5.125% bonds trades around $1.055 CapMallAsia 10 year 3.8% bonds trades around $1.04 CapMallTrust 7 year 3.08% bonds trades around $1.015 As you can notice all these bonds are trading above their $1.00 PAR value, the reasons are because 1) There is limited supply of retail bonds listed on SGX 2) Low interest from bank deposits, currently its only 1%++ 3) Worries of a stock market crash I have ......
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By StockBrokerPlaysPoker
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