Category Archives for Bonds
Aspial Bond 2015
A few days ago, Aspial announced that they will be issuing a retail bond. The offering comprises a public retail tranche of up to S$50 million and a placement tranche of up to S$25 million for institutional investors. The offer can be doubled to S$150 million in the event of over-subscription. The net proceeds from the offer […]
First Singapore Savings Bond to be Issued in Oct 2015
Edited : 22/07/2015 at 9am If you have been waiting for news about when the first Singapore Savings Bond (SSB) will be launched, you might want to know that MAS has announced that the first Singapore Savings Bond will be issued on 1st Oct, 2015. Retail investors will be able to apply for them from 1st September […]
Applying for Singapore Savings Bonds
Yesterday, MAS released more details on the Singapore Savings Bonds that I wrote about earlier. To apply, you will need two things: A bank account with either DBS/POSB, UOB and OCBC. An individual Central Depository (CDP) Securities account with direct crediting service (DCS) setup. Direct Crediting Service (DCS) allows you to credit your Singapore-dollar dividend payments […]
What You Need to Know About Singapore Savings Bonds
The recently announced Singapore Savings Bonds (SSB) has the potential to be a game changer for savers in Singapore. Details on how to buy them are not available yet but they are expected to be launched in the 2nd half of 2015, with a fresh issue every month. It’s an interesting product with a hybrid of […]
Consultation Paper on Retail Bond Offerings
In Singapore, retail investors have a lack of choices if they want to buy a bond as there are very few bonds that are listed on the secondary (retail) market. Wholesale bonds are denominated in sizes of $200,000 and more. Conservative investors who do not want to invest in the stock markets end up doing one of […]