Shion
Senior Mentor
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- Oct 24, 2008
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Anyone keen on Astrea IV? I asked DBS Treasures if can get placement bond i open acct. Spoke to 2 diff RMs, one over hotline and another in person at branch. Both no idea at all! They are not even aware of this. Anyone knows how to get?
Amazing how ignorant some people can be even though this is their own profession. Or they are just waiting for instructions from their bank.
https://www.straitstimes.com/busine...-equity-bond-tranche-targets-retail-investors
According to the preliminary prospectus lodged with MAS Opera, the Class A-1 bond tranche will be offered to retail investors in Singapore via ATMs and internet banking (DBS, UOB, OCBC), as well as DBS mobile banking. But the dates are not set yet.
https://eservices.mas.gov.sg/opera/Default.aspx
Yup. Read the prospectus. I hope to get a big amt of these placement bonds. Not ATMs cos subject yo balloting. If thru ATMs what is the point of going thru Treasures? The RMs went "you will have access tp lounge blar blar...". I just cut short the conversation as obviously they dony get it. I dont need to put idle money for just that.
It is book building now so shld be able to place indicative orders liao?

Amazing how ignorant some people can be even though this is their own profession. Or they are just waiting for instructions from their bank.
https://www.straitstimes.com/busine...-equity-bond-tranche-targets-retail-investors
According to the preliminary prospectus lodged with MAS Opera, the Class A-1 bond tranche will be offered to retail investors in Singapore via ATMs and internet banking (DBS, UOB, OCBC), as well as DBS mobile banking. But the dates are not set yet.
https://eservices.mas.gov.sg/opera/Default.aspx
Ooh I see, you are very informed indeed. Ironically DBS is one of the Lead Managers and Underwriters so they should be very eager to sell them to you
Should write them a firm email and CC Piyush Gupta.
Not guaranteed
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Interested the ASTREA IV, any risk involve? If keep for 10 years, the principal and interest are guaranteed? If to sell before that depend on the value at that time like stock which normally will loss money. 4%+ guarantee is very tempting.
They won't let it go past 5 years. The interest they need to pay would rise after 5 years.
Unlikely they will recall. Step up interest is still lower than that of A-2 and class B bond