Temasek Bonds Balloting Results – Full Allocations for $13,000 and below
By Financial Horse  •  November 23, 2021
Temasek Bonds Balloting Results are out! Full Announcement details are here, but I’ll summarise the key points in this article. The Public Offer was $100 million and received $649 million applications, so it was 6.49 times subscribed. Because of the strong response Temasek upsized the Public Offer to S$250 million. Balloting Table for the Temasek Bonds are set out below, and to summarise:
  • Everybody applying for $13,000 and below received full allocations
  • The bulk of applicants (31.9%) applied for $14,000 to $49,000 and received $13,000
  • The next level is $50,000 to $69,000 where applicants received $16,000
  • There were 12 people who applied for more than $1 million and they got allocations of $105,000, which is not too bad actually
Looks like the sweet spot this time around was $13,000 (or $1 million depending on how much a high roller you are). Debrief – Response weaker than the Original 2018 Temasek Bonds? The response looks to be weaker than the Original 2018 Temasek Bonds, and like a lot of you have commented, it’s probably due to the lower...
Read the full article
By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance