Category Archives for Bonds
Should I Subscribe to CapitaMall Bonds?
The recent CapitaMall bonds seem to be quite popular, and someone asked me whether it is good to subscribe for it. There’s not a standard answer I can give, as it really depends on your individual circumstances. Let’s us take a look at the good and the bad of the CapitaMall bonds. First, the good. […]
CapitaMall Bond 2013
CapitaMall will be issuing 7-year CapitaMall bonds to the public. The CapitaMall bonds carry a fixed interest of 3.08% per annum, to be paid half-yearly on 20 February and 20 August each year from 2014 to 2021, commencing on 20 August 2014. The minimum investment amount is S$2,000 for subscriptions under the public offer, with incremental multiples of […]
F&N Bonds Early Redemption or Default
It used to be that investing in bonds is a pretty straight forward process. You buy a bond, collect coupons every year, and the bond gets redeemed when it matures. This happens as long as the company does not go bankrupt and default on their bonds. Recent developments in F&N have their bondholders up in […]
Are Olam Bonds Worth Subscribing to?
I read a recent article on the Straits Times that encouraged people to subscribe for the Olam rights issue for Olam bonds with free detachable warrants. Olam bonds worth subscribing to (Straits Times) In the article, the journalist inserted a few quotes from former Morgan Stanley investment banker Michael Dee (he was also a senior Managing Director […]
NTUC Bonds Red Hot
NTUC Income’s first issue of 15-year bonds was so keenly taken up that there was a 15 times over-subscription for the $600 million offer. The 15-year bond comes with a coupon rate of 3.65% p.a. While the bonds have a maturity of 15 years, NTUC Income has the option to redeem the notes in full […]