*Official* Frasers Centrepoint Limited Retail Bond

[teckgamer]

http://infopub.sgx.com/FileOpen/Frasers%20_Centrepoint_launches_first_Retail_Bond_%20offering_12May15.ashx?App=Announcement&FileID=349449

http://www.channelnewsasia.com/news/business/singapore/frasers-centrepoint/1842184.html

Duration: 7 years
Fixed Coupon: 3.65%
Open for subscription: 13th May 2015, 9am
Closing: 20th May 2015, 12 noon
Minimum Investment: $2000
Retail (public tranche): $150 million
Institutional tranche: $50 million

 

[endlssorrow]

Power... Goin throw in some money liao

 

[teckgamer]

May the balloting ratio be on your favour

 

[littlegreenmen]

Any mention of payout dates? Or is it annually.

 

[starfish.starfish]

http://infopub.sgx.com/FileOpen/Frasers%20_Centrepoint_launches_first_Retail_Bond_%20offering_12May15.ashx?App=Announcement&FileID=349449

http://www.channelnewsasia.com/news/business/singapore/frasers-centrepoint/1842184.html

Duration: 7 years
Fixed Coupon: 3.65%
Open for subscription: 13th May 2015, 9am
Closing: 20th May 2015, 12 noon
Minimum Investment: $2000
Retail (public tranche): $150 million
Institutional tranche: $50 million

Yay, ballot time again! Whack ah!

 

[felixleong]

Yay, ballot time again! Whack ah!

u planning to whack how many ?

 

[felixleong]

https://opera.mas.gov.sg/ExtPortal/...c.aspx?shrID=68937885a9b1495d9e569de1c2ce84d8

prospectus out

 

[cweemeng]

Interest payment dates are on 22nd May and 22nd Nov each year, from today's Straits Times.

 

[felixleong]

I pressed 20lots riao

good luck to all pressing too

 

[iamverybuaysong]

I gonna press 20 lots too

 

[martin]

3.65% how does this compare with similar corporate bonds?

 

[felixleong]

3.65% how does this compare with similar corporate bonds?

Currently what are other retail blue chip bonds trading at?

Genting perp 5.125% bonds trades around $1.055
CapMallAsia 10 year 3.8% bonds trades around $1.04
CapMallTrust 7 year 3.08% bonds trades around $1.015

As you can notice all these bonds are trading above their $1.00 PAR value, the reasons are because
1) There is limited supply of retail bonds listed on SGX
2) Low interest from bank deposits, currently its only 1%++
3) Worries of a stock market crash

http://stockbrokerplayspoker.blogspot.sg/2015/05/parking-your-spare-cash-fraser.html

 

[econsmagic]

May hoot

Sent from SG using GAGT

 

[Verbatin]

can use CPF to buy? if Yes, is bonds subjected to 35% stock limit?

 

[felixleong]

can use CPF to buy? if Yes, is bonds subjected to 35% stock limit?

erm.. why would u wanna use CPF to buy??

when u are getting 2.5 to 4% risk free

 

[dr3amgawd]

can use CPF to buy? if Yes, is bonds subjected to 35% stock limit?

Cash only. No CPF, no SRS

 

[Verbatin]

thanks. because i am going to collect my BTO flat soon and i dont want my OA to be wiped off. so thought of tempoary use my CPF to buy and sell later

Cash only. No CPF, no SRS

 

[Verbatin]

thanks. because i am going to collect my BTO flat soon and i dont want my OA to be wiped off. so thought of tempoary using my CPF to buy and hold for 1-2 and sell later when my CPF got wiped out

Cash only. No CPF, no SRS

erm.. why would u wanna use CPF to buy??

when u are getting 2.5 to 4% risk free

 

[felixleong]

thanks. because i am going to collect my BTO flat soon and i dont want my OA to be wiped off. so thought of tempoary using my CPF to buy and hold for 1-2 and sell later when my CPF got wiped out

maybe can consider the STI ETF ba

or ABF ETF

 

[Heokbt]

is the company strong enough to withstand the economy down turn that is my worry? I personally apply 15 lots .Anybody know the financial status of the company?