I received a letter from Capitamall Asia indicating that they will be redeeming the bonds. More information on the redemption can be found here. LP’s blog, which I usually visit with regards to bonds also talked about it. I am currently vested in this bond.

This is the first bond that I ever bought, and also the first bond that I have held till maturity. And well, the feeling is rather mixed. With its redemption, I will need to work harder to get my interest income. On the other hand, its redemption also means freeing up cash for other opportunities. Well, that would be a topic for another time.

I took a look at the current trading price of this bond, and am quite surprised at the bond price. The last closed price is $1.015. My first reaction initially was to wonder whether with just one coupon left, this …