Company bonds

[sophie.wee.weng]

Capitaland is selling a new 10y paper, can buy or not?

 

[zeroX26]

Capitaland is selling a new 10y paper, can buy or not?

No link no talk

 

[neanea]

Capitaland is selling a new 10y paper, can buy or not?

How you know it? Pls provide link

 

[SpeedingBullet]

It's a note offering, nth to see here..

 

[wondrdoggie]

Capitaland is selling a new 10y paper, can buy or not?

They are also issuing bonds for institutional investors. $250k a pop, 4%, 10 year. Banks are offering 70% leverage for this one. Leveraged return should be around 9.83% pa assuming loan cost of 1.5%.

This bond is unrated and unsecured.

Personally, I think 4% is too low for an unrated bond even though unrated doesn't always mean the issuer is rubbish. And 10 years is too long for that return,not sure if there are provisions for step ups along the way.

I understand there is a retail version available as well.

 

[wondrdoggie]

What is the name of such product?

Bond. Leveraged Bond.

 

[neanea]

Where did you get this information from?

They are also issuing bonds for institutional investors. $250k a pop, 4%, 10 year. Banks are offering 70% leverage for this one. Leveraged return should be around 9.83% pa assuming loan cost of 1.5%.

This bond is unrated and unsecured.

Personally, I think 4% is too low for an unrated bond even though unrated doesn't always mean the issuer is rubbish. And 10 years is too long for that return,not sure if there are provisions for step ups along the way.

I understand there is a retail version available as well.

 

[sophie.wee.weng]

Its available to private clients.

 

[neanea]

Its available to private clients.

Are you the client or the company?

 

[wondrdoggie]

Where did you get this information from?

From my private bankers but I believe you can get info on the web as well.

 

[neanea]

From my private bankers but I believe you can get info on the web as well.

Which bank is it?
Do you know where on the web to find this?

 

[Knight_Rider]

How you know it? Pls provide link

http://media.corporate-ir.net/media_files/IROL/13/130462/CL.CTL.FRN.210814.pdf

 

[neanea]

If stock market goes down , will prices of corporate bonds come down too?

 

[wahkao3]

If stock market goes down , will prices of corporate bonds come down too?

many factors.

The biggest factors are interest rates and default risk of company
it really depends

 

[Knight_Rider]

The CapitaLand bond is for EURO MEDIUM TERM NOTE PROGRAMME and Euro is in deep shi t.

 

[neanea]

Any company bonds you guys are eying?

 

[Shiny Things]

The CapitaLand bond is for EURO MEDIUM TERM NOTE PROGRAMME and Euro is in deep shi t.

That's not what a Euro MTN program is. The "euro" in "Euro MTN" just means "not American" - like the "euro" in "eurodollar interest rate futures" doesn't really have anything to do with Europe (not any more, anyway).

 

[Mecisteus]

That's not what a Euro MTN program is. The "euro" in "Euro MTN" just means "not American" - like the "euro" in "eurodollar interest rate futures" doesn't really have anything to do with Europe (not any more, anyway).

haha the so called FX money making Expert is caught pants down. what a shame.

if not sure better, post less often. post more means wrong more.

 

[Knight_Rider]

Was about to point that out LOL!

haha the so called FX money making Expert is caught pants down. what a shame.

if not sure better, post less often. post more means wrong more.

Where is the note issue at?

 

[Knight_Rider]

We shall listen from MikeDirnt78 first shall we?