Bonds traded on SGX doing well

Astrea V Private Equity Bonds started trading on the Singapore Exchange (SGX) yesterday. The closing price was $1.037 on the first day of trading. This was a 3.7% increase over its IPO price.

Besides Astrea V, I bought into several other retail bonds traded on SGX. One of which is Astrea IV. It was up 6.8% over its IPO price. The table shows all other bonds I have and the coupon (interest) rates payable on the bonds or fixed income instruments.

Bonds Coupon % IPO Current Price Change %
DBS Preference Shares 4.70% $100 $102.96 2.96%
Capitamall Trust bonds 3.08% $1 $1.012 1.20%
Astrea IV PE Bonds 4.35% $1 $1.068 6.8%
Astrea V PE Bonds 3.85% $1 $1.037 3.7%
Temasek Bond 2.70% $1 $1.024 2.4%

It has been profitable so far investing in these bonds and fixed income instrument through IPOs. The interest income from these bonds are good too.

Copyright © 2019, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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