By now, quite a number of financial bloggers had covered the upcoming T2023 S$ Temasek Bond (the Bond), so I will just give my opinion from a Bedokian Portfolio investor’s point of view.
Bond Overview
Let us have a look at the details of the Bond:
Figure 1 – Overview of the T2023 S$ Temasek Bond1
As highlighted in my ebook The Bedokian Portfolio2, a bond is consisted of three basic components; the bond principal, the coupon rate and the bond maturity date. From the information in Fig. 1, the bond principal is at least Singapore Dollar (S$) 1,000.00 (for public offer, i.e. you and me), the coupon rate is 2.7% and the maturity date is on 25 October 2023 (five years).
So if a bond holder holds S$1,000.00 worth of the Bond, he/she will be getting S$27.00 a year, in two ......