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The SIA 3.03% Bond: The Bedokian’s Take
By The Bedokian Portfolio  •  March 22, 2019
Another corporate bond is coming to town, and yes, it is the Singapore Airlines (SIA) 3.03% bonds. A few financial blogs had articles on it, so I shall just concentrate my post from a Bedokian Portfolio investor’s point of view. Let us run through this bond using my conservative selection guidelines stated in my ebook1: Bond is priced at par or discount: If you are applying for the bond at this stage and got it, it is considered as getting it at par (well almost. There is this $2 application fee which makes it slightly above par, but we will just let it be). At least five years to bond maturity date: Pass, since the bond tenure is exactly five years. Credit rating of “investment grade”: This is the gripe. According to the product highlights sheet2, it was stated that the issuer (i.e. SIA) and the bonds are not rated...
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By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
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