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I owned the 2 year bond which I applied thru DBS ATM back then. It is due to expire in 2013. would like your help of expertise in the following;
1. When does it matures? Is it 25 feb 2013?
2. When it mature, to which account does the principal goes back to
a. My DBS account ( which I applied the bond thru ATM back then)
b. My CDP account
c. My UOB account ( as my CDP is link to my UOB Kay Hian)
Hope you can really help.
Thanks!
Hi Adi,
How are you currently receiving the coupons? By cheque or direct credit to your bank account via a CDP linkup?
The redemption should be similar.
ReplyHi may i know how to apply it using dbs internet banking? Steps as really clueless how to. thanks
ReplyJK,
Please refer to the Capitamalls Asia Bond OIS page 159.
http://www.martinlee.sg/capitamalls-asia-bonds-2012/
ReplyYes I’m referring to this particular bond. I bought at issued price so upon maturity will company refund at similar price? If not, then what is price dependent on?
ReplyI am new to bonds and have bought Capital Mall. May I know do I have to hold the bonds till maturity or can I redeem anytime? If I hold till after 2 years then will I get back my principal amount?
ReplyDear Lisa,
Did you buy the bonds of CapitaMall or the shares?
If you are referring to this particular tranche, you can sell them anytime on the stock exchange.
If you hold till maturity and the company does not default, you will get back the face value of the bond (which can be different from the amount you paid to buy it depending on what price you paid).
ReplyAm i right to say this is attractive when compared to other recent corporate bonds?
Will you recommend this if one has some spare cash and looking for for a short term investment in an instrument with little risk and with reasonable returns?
ReplyHi Lioninvestor,
What is the difference between this new launch (besides lower coupon rate) and http://www.martinlee.sg/capitamalls-asia-bond-issue/ ?
Thanks.
Technically, they are different companies. And this is a 2-year issue, unlike the other which has 1 or 3 years.
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