Sia bond 3% intrest

foxer77

foxer77

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http://www.moneydigest.sg/receive-a-fixed-interest-of-3-03-per-annum-with-singapore-airliness-retail-bond-2019/
 
BBCWatcher

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oystermilk said:
but any other investments with this amount of risk providing more than 3%?
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MBH, Nikko AM Shenton’s bond fund, is the obvious, closest substitute. MBH should generate a similar yield over a long enough holding period since it’s holding a basket of comparable bonds, including Singapore Airlines bonds, but it mitigates single issuer risks.

I think MBH is, on balance, the better deal for most people looking for a fixed income-oriented, Singapore dollar denominated investment.
 
henrylbh

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Some looking for dumb with asking price of 1.05 at pre-opening :s22:
 
BBCWatcher

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henrylbh said:
Some looking for dumb with asking price of 1.05 at pre-opening :s22:
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That was pretty silly, and of course there were no takers.

This Singapore Airlines bond (ISIN SGXF93746596) has settled into a 1.004 to 1.000 range now in a predictably thin market, so it's basically trading at par. Retail investor interest was quite muted at launch, properly so in my view.
 
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