Olam Bonds

[GForce]

Anybody bought this, is this worth to invest?
Heard from bank it's 5.5% payout.

[Laguna]

U may consider Noble bond

[GForce]

U may consider Noble bond
Thanks! Why Noble not Olam, yield higher or whatever reasons?
Which bank handling Noble bonds?

[Laguna]

perhaps u can share, what are the considerations when ur buying bonds?
ru just looking into yield?
do u know not all bonds are paying dividends

Noble
isin xs0552553850, US$350m size, 8.5%, price is about 85
non-cumulative, callable, prep bond
effective yield 10.5%
but banks will not leverage

[phantom_opera]

the biggest flaw in this part of the world being the private placement of 250k .... if you have net asset of 2.5m ... 250k is 10% ... would anybody put 10% of this net worth into Olam or Noble?

Temasek just broken the record for corporate USD 30y yield ...3.375% only ... effectively borrowing for free if average inflation in US stays above that rate in next 30y

[GForce]

Thanks all for yr valuable contribution! Really appreciate it!
I m new to bonds, just thinking ways to park that extra cash else will be eroded by inflation.
IMO I think too high a price to enter property now n upside quite limited.
Have been doing some analysis of historical data, just not convinced to enter.

[stl67]

perhaps u can share, what are the considerations when ur buying bonds?
ru just looking into yield?
do u know not all bonds are paying dividends

Noble
isin xs0552553850, US$350m size, 8.5%, price is about 85
non-cumulative, callable, prep bond
effective yield 10.5%
but banks will not leverage

Where can I buy this bond? From Bank? Can I sell it within half a year and what is the min amount? I try to google but cant get anything.

Sorry, never invest in bond and equity before. :ashamed1:

[Laguna]

Where can I buy this bond? From Bank? Can I sell it within half a year and what is the min amount? I try to google but cant get anything.

Sorry, never invest in bond and equity before. :ashamed1:

min US$250,000
if ur talking about 6 months, then it is not a good option as the overhead cost is heavy

[Sleepyhead]

Hypothetically I have $1m to invest.

Any advise from the gurus here?

Not keen on properties given the ABSD and high prices. Not keen on leveraging due to age. Not keen on too much risk again due to age.

Help???

:confused:

[august]

today new Mapletree 5+% Perpetual Bonds hugely oversubscribed.

[phantom_opera]

today new Mapletree 5+% Perpetual Bonds hugely oversubscribed.

250k min again? Is it callable with step up? :tsk-tsk:

July 18 (Reuters) -Following are terms and conditions
of a Perpetual bond priced on Wednesday.
Borrower Mapletree Treasury Services Limited
Guarantor Mapletree Investments Pte Ltd
Issue Amount S$600 million
Maturity Date Perpetual
Coupon 5.125 pct
Issue price Par
Payment Date July 25, 2012
Lead Manager(s) Citi, DBS & HSBC
Listing SGX-ST
Denoms (K) 250
Governing Law Singapore
Notes Launched under issuer's EMTN programme
For ratings information, double click on
For all bonds data, double click on
For Top international bonds news
For news about this issuer, double click on the issuer RIC,
where assigned, and hit the newskey (F9 on Reuters terminals)
Data supplied by International Insider.

[teddybear]

Over-subscribed at 5.125%? I shake my head. Many retail investors don't even know what they are buying. No wonder MAS alarmed! :doh:
my rule number 1: Never ever buy perpetual bonds! You are locking yourself in forever at such low rate vs such high risks! Perpetual tenure = forever tenure = >100000 years tenure bonds means they should pay you >20%? :p


250k min again? Is it callable with step up? :tsk-tsk:

July 18 (Reuters) -Following are terms and conditions
of a Perpetual bond priced on Wednesday.
Borrower Mapletree Treasury Services Limited
Guarantor Mapletree Investments Pte Ltd
Issue Amount S$600 million
Maturity Date Perpetual
Coupon 5.125 pct
Issue price Par
Payment Date July 25, 2012
Lead Manager(s) Citi, DBS & HSBC
Listing SGX-ST
Denoms (K) 250
Governing Law Singapore
Notes Launched under issuer's EMTN programme
For ratings information, double click on
For all bonds data, double click on
For Top international bonds news
For news about this issuer, double click on the issuer RIC,
where assigned, and hit the newskey (F9 on Reuters terminals)
Data supplied by International Insider.

[phantom_opera]

Market still stuck between fear of inflation and fear of deflation

But with money printed everywhere and good result reported so far from US/Europe stocks ... looks like deflation fear is WAY OVERBLOWN

Of course there will be ppl like Paul Krugman who thinks US is not printing enough yet :doh:

For perpetual bond holder the biggest risk is SIBOR going up ..... it will be total nightmare

[felicia_sg]

But why still many people buying until oversubscribed?


Market still stuck between fear of inflation and fear of deflation

But with money printed everywhere and good result reported so far from US/Europe stocks ... looks like deflation fear is WAY OVERBLOWN

Of course there will be ppl like Paul Krugman who thinks US is not printing enough yet :doh:

For perpetual bond holder the biggest risk is SIBOR going up ..... it will be total nightmare

[phantom_opera]

But why still many people buying until oversubscribed?
The camp that believes in armaghedon and super low rate for next 10y and your insurance co lol

[Laguna]

I think today the staple REIT will be at least 20 times on the retail tranche

[Laguna]

Hypothetically I have $1m to invest.

Any advise from the gurus here?

Not keen on properties given the ABSD and high prices. Not keen on leveraging due to age. Not keen on too much risk again due to age.

Help???

:confused:

if ur so risk adverse, how to make money?

[Laguna]

Over-subscribed at 5.125%? I shake my head. Many retail investors don't even know what they are buying. No wonder MAS alarmed! :doh:
my rule number 1: Never ever buy perpetual bonds! You are locking yourself in forever at such low rate vs such high risks! Perpetual tenure = forever tenure = >100000 years tenure bonds means they should pay you >20%? :p

S$4b went in.....
market is flooded with cheap liquidity and everyone is look for yield