FCL 4.15% 23Feb2017 (SGD)
Frasers Centrepoint 4.15% 23Feb2027
Price: 100.40
YTM: 4.10%
Ccy: SGD
Brief explanation on bond:
When you buy a bond, you are like lending money to the company. If there is no default, when the bond matures, bond price will be at 100.00.
So using FCL 4.15% 23Feb2027 as an example.
FCL refers to Frasers Centrepoint. Their properties in Singapore includes:
Centrepoint
Causeway Point
Northpoint
Eastpoint Mall
Valley Point Shopping Centre
Anchorpoint
If you invest SGD250k face value into this bond, you will receive SGD5230.14 every 23Feb and SGD5144.86 every 23Aug. All the way until till year 2027.
This means you will receive SGD10,375 each year.
Effectively your yield is 4%+. This is better than putting your money in the bank.
Price: 100.40
YTM: 4.10%
Ccy: SGD
Brief explanation on bond:
When you buy a bond, you are like lending money to the company. If there is no default, when the bond matures, bond price will be at 100.00.
So using FCL 4.15% 23Feb2027 as an example.
FCL refers to Frasers Centrepoint. Their properties in Singapore includes:
Centrepoint
Causeway Point
Northpoint
Eastpoint Mall
Valley Point Shopping Centre
Anchorpoint
If you invest SGD250k face value into this bond, you will receive SGD5230.14 every 23Feb and SGD5144.86 every 23Aug. All the way until till year 2027.
This means you will receive SGD10,375 each year.
Effectively your yield is 4%+. This is better than putting your money in the bank.
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