Category Archives for Bonds
MAS Raises Concerns About Perpetual Bonds
I’m finally fully recovered from my HFMD and would like to thank everyone for all your well wishes. 🙂 I would like to resume normal posting activities today by highlighting this recent article warning about perpetual bonds. The spate of sale of perpeture bonds to the public in this year has MAS raising some concerns […]
Genting Perpetual Securities Results
As at the close of the Genting Perpetuals Public Offer at 12.00 p.m. on 16 April 2012, valid applications in respect of S$731,339,000 in aggregate principal amount of the Securities at the issue price of 100 per cent. under the Public Offer were received. All applicants who submitted valid applications for the Securities under the […]
Genting Bonds for Retail Investors
After Genting launched a perpetual bond issue that was only for institutional or high net worth investors last month, they have decided to launch one for retail investors too. Up to S$500 million of perpetual subordinated capital securities at an issue price of S$1 will be offered to the public in Singapore. Each bond will have a minimum […]
First Ever Singapore Government 30-yr Bonds
Yesterday, the Singapore government sold S$2.1 billion of its first ever 30-year Singapore Government Securities (SGS) bonds. Previously, the longest-dated bond sold was only of 20-year maturity. The bond had a coupon rate of 2.75% per year and were trading at a yield of around 2.84% per annum on the secondary market after they were […]
CMA Bonds Result 2012
As at the close of the Public Offer at 2.00 p.m. on 9 January 2012, valid applications in respect of approximately S$465 million in aggregate principal amount of CMA bonds, at the issue price of 100 per cent. under the Public Offer, were received. As the total valid applications in respect of the Placement and […]