*Official* Frasers Centrepoint Limited Retail Bond

[dslr]

May I ask if the bond has reach the maturity date usually it will return the amount that you invested back to your account or will it extend the bond period?




First time investing bonds.

 

[felixleong]

Genting perp 5.125%
CapMallAsia 10 year 3.8%
CapMallTrust 7 year 3.08%

1 more is which one?

http://stockbrokerplayspoker.blogspot.sg/2014/02/parking-your-spare-cash-capitalmall.html

 

[felixleong]

May I ask if the bond has reach the maturity date usually it will return the amount that you invested back to your account or will it extend the bond period?




First time investing bonds.

7 years later , the bond matures and your principal is returned to you automatically

 

[dslr]

7 years later , the bond matures and your principal is returned to you automatically

Ok noted. Thanks you.

 

[felixleong]

Ok noted. Thanks you.

anyway u new to investing, I would advise u to start from SSB... safer

don't so fast jump to corporate bonds, its more complicated

 

[leoch037]

U trying to catch me is it?
SIA bond, no more riao already

Dont like this leh lol

no lah, sincere qns
i always "collect" all these retail bonds for my portfolio
too little bonds available in SG
wanna see which one i missed out

 

[felixleong]

no lah, sincere qns
i always "collect" all these retail bonds for my portfolio
too little bonds available in SG
wanna see which one i missed out

I see hahaha, i just teasing u nia la

I think still have LTA bonds also got public tranche..

in the past many pref shares too that were very good
like hyflux and the local banks one

 

[lzr1984]

i keeping my warchest to buy SCI ~~

 

[felixleong]

i keeping my warchest to buy SCI ~~

I waiting for $4

your target buy price is???

 

[lzr1984]

I waiting for $4

your target buy price is???

around 4.1 - 4.15 bah..
i still monitoring see how is it~~

 

[felixleong]

http://tradehaven.net/market/sgd-retail-bond-issue-frasers-centrepoint-7y-3-65/

 

[lzydata]

Nobody mentioned the redemption option? Maturity date is 7 years from now, but FCL can redeem in whole but not in part on certain dates starting in 2019. The redemption amounts payable will be higher in return.

 

[felixleong]

they can redeem earlier, but they have to pay penalty

usually for property companies they like to do it this way, they prefer to tie the loan to the length of the asset holding period

for example if u wanna develop an office property in austrilia, you estimate that you need 5 years to construct, 2 years to stabilize the rents then sell the asset on the 8th year... maybe u will issue a 7 year bond

but in case they can sell the asset earlier.. especially at a good price, they wouldn't mind paying a small penalty and pay off the loan

same as you take bank loan when buying HDB, if u pay off the loan earlier.. got a fee

in short, the call option if exercise if usually good for bond holders

 

[nats7798]

Can I check upon the time of press.. My dBs bank account must have the money inside or can wait u til allocation day?

Thanks..

 

[Perisher]

Can I check upon the time of press.. My dBs bank account must have the money inside or can wait u til allocation day?

Thanks..

Read the whole thread again.

Anyway, yes you must have the $$ inside your account to press.

 

[berieng]

This seems more attractive than the SSB.

 

[limster]

This seems more attractive than the SSB.

Thats why its going to be 10x to 50x oversubscribed, end up some people get nothing, some people get only 1 lot.

 

[felixleong]

Can I check upon the time of press.. My dBs bank account must have the money inside or can wait u til allocation day?

Thanks..

cash upfront

 

[nats7798]

cash upfront

Upon press the money will be deducted?

 

[sellbuyboy]

3.65% is quite a lot leh...

shouldn't be a issue right?