New Fraser Centrepoint Preps 4.75%

[limpoop]

New Fraser Centrepoint Perps 4.75%

Anyone bidding?

 

[NewInvestor]

Is it a good idea to bid? Got anyone analyse?

 

[Perisher]

Source? Need to read.

 

[limpoop]

Source? Need to read.

I got a message from my RM to bid but can't find anything from SGX's website.

 

[BBCWatcher]

It's listed under FCL Treasury Pte. Ltd. Here's some basic info (Fundsupermart).

I would not recommend having anything to do with this bond unless your total household net worth exceeds S$5 million, and thus this bond (in minimum purchase quantity) would represent less than 5% of your net worth -- and assuming your existing exposure to this issuer and/or sector is not already material.

 

[winstonoyy]

That's interesting. The past bonds had higher yields, about 4.88% according to Google. Fed is going up, Sibor is rising, yet FCL deems itself becoming safer to invest than before? That's a lot of confidence in its own management.

It's listed under FCL Treasury Pte. Ltd. Here's some basic info (Fundsupermart).

I would not recommend having anything to do with this bond unless your total household net worth exceeds S$5 million, and thus this bond (in minimum purchase quantity) would represent less than 5% of your net worth -- and assuming your existing exposure to this issuer and/or sector is not already material.

 

[BBCWatcher]

You might have to look past the headline coupon rate. First, it's possible this placement won't clear at 4.75%. (That'll be up to other people to decide. I'm not touching this!) Second, Fundsupermarket describes this bond as "complex," presumably because it's callable and has other complex provisions, such as a change of ownership provision. Those complexities can obviously affect the headline rate and how well the bond will place at par.

 

[limpoop]

It's listed under FCL Treasury Pte. Ltd. Here's some basic info (Fundsupermart).

I would not recommend having anything to do with this bond unless your total household net worth exceeds S$5 million, and thus this bond (in minimum purchase quantity) would represent less than 5% of your net worth -- and assuming your existing exposure to this issuer and/or sector is not already material.

If you have $5m will you buy bonds?

 

[limpoop]

That's interesting. The past bonds had higher yields, about 4.88% according to Google. Fed is going up, Sibor is rising, yet FCL deems itself becoming safer to invest than before? That's a lot of confidence in its own management.

FCL past bonds are indeed doing well except the recent 3.95% Perp still under $100

 

[Perisher]

AI investor only...

 

[frenchbriefs]

whats the difference between owning a bond and the reit?

 

[propertyinvest]

any analysis on this perp?

based on what I know, since the maturity is highest (perpetual) compared to 1, 2, 5, 10 year bonds, the risk and price movement will be highest, is that right?

Therefore high risk with regards to price movement, but can collect 4.75% perpetually lol

 

[limpoop]

any analysis on this perp?

based on what I know, since the maturity is highest (perpetual) compared to 1, 2, 5, 10 year bonds, the risk and price movement will be highest, is that right?

Therefore high risk with regards to price movement, but can collect 4.75% perpetually lol

From FSN's tweet the demands are very strong and over $1b in orderbook

 

[henrylbh]

If you have $5m will you buy bonds?

No need to have 5m. Depends on your age, need for liquidity and your own perception of the risk involved in buying any bond.