*Official* Frasers Centrepoint Limited Retail Bond

ValueInvestor

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Sold off. Waiting to switch to Oxley bonds.

If Oxley bond drops to 99ct, it means 6% pa interest liao.

Oxley although a higher risk bond, return better & shorter tenure compare to Frasers bonds.:D

U sell fcl bonds to go into oxley omg..., dont blindly chase after yield...
Later another property counter issues a 10% junk bond u will sell your oxley bond to buy the higher yield one? Lol

Maybe first u should research more deeply into the companies u lending $$$ to, and secondly understand that bond is for holding long term and not for trading..... U buy and sell already use 0.6%... Thats a big chunk considering bonds dont move much in price
 

chowck

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Actually, I'm not into Oxley yet as it has not reached the desired price.

I let go Frasers as I don't want to hv too much of it that was allotted during IPO. Moreover this is a 7 yrs bond yield 3.65%. Anyway, sold xd & got 1/2 yr interest already, even after minus off the commission. Quite contended.
 

HoloCaustx

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this bond XD is on 23/11/15, so those who sold yesterday would have gotten the 0.1825% interest, so it's a justified drop, dont worry too much :)
 

Witwit84

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Anyone received the interest payment already? It's still not credited into my account.
 
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