- All applications of less than S$50,000 will be allocated in full or in part;
- Applications of S$50,000 or more will be balloted, with successful applicants allocated in full or in part.
Azalea Asset Management has just released the Astrea VI private equity bonds for application on 10th March 2021. This time round, Astrea VI bonds is offering 3.00% per annum returns. This is lower than what was offered by Astrea V bonds in 2015 that offered 3.85% per annum returns.
Back then, my wife was only allocated 50% of Astrea V bonds when she applied for it which was 4.5 times oversubscribed.
Depending on demand, Astrea VI plans to allocate valid applications as follows: