Shares & Derivatives
Sneak preview: Oxley 5% bond, 4 yrs maturity
By Bully The Bear  •  October 26, 2015
The local retail bonds scene is bursting with action this year with so many choices for people to invest in. I think it must have something to do with the ssb savings bond or the impending rate hike. Suddenly everyone is rushing to build up their cash reserves before something happened. There's Frasers 7 years @ 3.65% in May this year, Aspial 5 years @ 5.25% around August, and Perennial 3 yrs @ 4.65% which haven't even finish completing their ipo bond exercise. And now we have a new kid on the block, and that's Oxley holdings. There's scant details of the bond, where news of it is just fresh out of the oven here. $100 million will be issued to the general public and $25 million will be for institutional investors, with DBS as the book runner for the bond. I'll blog more about it when ......
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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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