You know that IPO fever is on when IPOs becomes one of the common dinner conversation topics with different groups of people. GLP, MIT and China related companies. Everything seems to be hot – even SIA bonds and DBS preference shares. We are in a period of low interest rates. This encourages borrowing and puts […]
Public application for the SIA bonds amounted to S$346 million, way more than the S$50 million that was originally allocated to the public. As a result, SIA decided to increase the public tranche size to S$150 million. In meeting the demand, SIA decided to give everyone who applied an allocation. Demanding on the number of […]
SIA yesterday announced a tranche of S$50 million SIA bonds for the public. The bonds, which will be issued in denominations of S$1,000 each, will give interest at the rate of 2.15% p.a. paid semi-annually. The Bonds are expected to be issued on or about 30 September 2010 and will have a term of 5 […]