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Astrea V 3.85% Class A-1 Secured Bonds
By My Sweet Retirement  •  June 15, 2019

The IPO of Astrea V 3.85% Class A-1 Secured Bonds is probably the hottest talk among financial bloggers recently. I am not an expert into bonds and thus am unable to provide any analysis on whether on not you should apply for Astrea V Class A-1 Secured Bonds. Unlike the T2023 Temasek Bond which is guaranteed by Temasek, The bonds are not guaranteed by any entity, including Temasek.

Here are some basic information should you be interested to apply for the bond.

Principal Amount: S$315 million Interest Rate:  3.85% Application Start Date/Time: 12 June 2019, 9am Application Close Date/Time: 18 June 2019, 12pm Issuance of Bonds: 20 June 2019 Maturity Date: 10 years

Astrea V offers three classes of bonds, Class A-1, A-2 and B, backed by cash flows from a US$1.3 billion portfolio of investments in 38 Private Equity Funds. However, only the Class A-1 Bonds are being offered

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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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