Temasek allocates bonds to all applicants, ups public offer to S$300 million

[EunoiaJAYCEE]

All retail investors who subscribed to Temasek Holdings' first public bond offer will get all or a proportion of the bonds they applied for, the Singapore state investment firm announced on Wednesday (Oct 24).

Those who applied for up to S$6,000 of bonds stand to receive their full application, while those who applied for amounts above S$6,000 will get between S$6,000 and S$9,000.

More than 80 per cent of the issued bonds will go to investors who applied for between S$7,000 and S$100,000 of bonds. They will each be allocated S$6,000.

More at Temasek allocates bonds to all applicants, ups public offer to S$300 million

 

[JohnTan]

It's a great investment. My wife and I are glad to loan money to Singapore for a good interest rate of 2.7 %. It's better than leaving the money in the bank.

 

[shittypore]

Wat happens if Tumasick goes BUST?

 

[sweetiepie]

KNN whatever sick is still better than @ginfreely johorsick KNN

 

[JustLikeThis]

It's a great investment. My wife and I are glad to loan money to Singapore for a good interest rate of 2.7 %. It's better than leaving the money in the bank.

Don't make sense.

- CPF gives 2.5%++ for just locking in one-year. 2.7% for 5-years is not much higher.

- If you need to get the money back before Year 5, it is not capital guaranteed and you need to pay brokerage commission. You have to sell at whatever price, the market is willing to pay you. Singapore Saving Bonds is paying 2.54%pa if you hold 5-years and it is capital-guaranteed.

- The riskiest Singapore banks give 1.89% now for 1-year fixed deposit. If you hold 1-year for Singapore Saving Bonds, you will get 1.8%.

Isn't Singapore Saving Bonds a better bet?