Martin Lee @ Sg
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Minibond Indicative Prices

These are the estimated valuation of the Minibonds as provided by Lehman Brothers as of last Friday, 12th September 2008 (Based on a face value of 100):

Minibond Limited Indicative Prices

For Reference Purposes Only

Series

Tranche

Currency

Bid*

1

A

SGD

30.5

 

B

USD

30.5

2

A

SGD

44.5

 

B

USD

44.5

3

A

SGD

36.5

 

B

USD

36.5

 

C

AUD

36.5

5

 

SGD

34.5

6

 

SGD

33.5

7

 

SGD

55.5

8

 

USD

55.5

*The figures are to be taken as a guide only and is not a reflection of the final amount that will be given.

As Chapter 11 is a long drawn process, it might take some time before investors receive their money.

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3 comments
uncleyue says 15 years ago

any update on the latest indicative prices… these were prices three weeks ago. thanks alot.

come to think about it, i now realise that i did not received any furthr feedback/communications from the RM/bank after i bought the product. i got a call from the bank’s branch manager only two days after LB’s collapse was announced in the newspaper (Sept 18). unable to advise the status of my investment… told to await their further announcement

Reply
    lioninvestor says 15 years ago

    The prices were provided by Lehman Brothers.

    It’s something like their buyback price from us.

    Since they have folded, there won’t be any coming from them.

    Reply
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