Need some views from the serious investors here.....

[Sinkie]

Wah, everyone talk so nice.....

 

[Runifyouhaveto]

Right pref shares were 5-6%, but diff class risk is slightly higher than bonds right albeit still ultra safe.
Also 5.5% & 5.1% is if buy in at 100.

Perhaps they see fed rate hike yr end so shore up some reserves

I think they will stop all QE by appx end of 2014 or 1Q14. Then before rate hike, they need to buy/absorb back the past QE $$$ in the money (liquidity), to avoid burdening the govt coffers.

Here's some summary:
For US: Goldman said Fed will hike rate in mid-2015
http://www.reuters.com/article/2014/04/09/us-usa-fed-poll-idUSBREA381KR20140409
For Malaysia: UOB said that rates will be increased by min. 25 to 50bp within a year
For Singapore: UOB Economic Treasury Research anticipates the 10Y S$ SOR, which is closely associated with 10Y SGS, to reach 2.55% by end-13, 2.65% by end-14 and 4.0% by end-15.

 

[lifeafter41]

No handsome brother, you are extremely reasonable.


last week, UOB issued 3.5% bonds, callable in 2020.
$250K per lot
http://infopub.sgx.com/FileOpen/UOB-A2014-61.ashx?App=Announcement&FileID=297175
fully placed out, first day of trading on 22 May, you can either buy from grey-market (before listing) or first day of trading in secondary market.


Alternatively, you can buy OCBC 4%, closed to par-value (slight premium), currently bid 100.1 - Ask 100.6
$250K per lot, callable in 2018 Jan.
http://www.poems.com.hk/en-us/product-and-service/bonds/bonds-information/?id=93922


I believe you will agree that bond UOB and OCBC are ultra-safe right? Both coupons are tax-free.

PS: Please check with your bank RM, some stock remisiers do handle secondary market trades, but most wouldn't.

Frankly how many in this forum can afford the S$250k a pop.
Tuayapeh 300k go for 1 pop and remaining 50k can still go for those that are slightly above par. at 10k a pop.

Good to play ultra safe though.
Hard earn/coffin money don't come easy too.

 

[Runifyouhaveto]

Frankly how many in this forum can afford the S$250k a pop.
Tuayapeh 300k go for 1 pop and remaining 50k can still go for those that are slightly above par. at 10k a pop.

Good to play ultra safe though.
Hard earn/coffin money don't come easy too.

Here's my observations about Tuayapeh
Tuayapeh is likely to be worth in millions; He only asked for 3%; this hints that he is just tulan that his 300K in bank getting mediocre fixed deposits income. The 300K merely represents the safe/cash component of his financial portfolio. He might have other higher income/risk exposures in shares or properties. If someone only have 300K overall, they will not be happy to put all into bonds/fixed deposits.

ok lah, if u really loves bond so much, there are some retail bonds/preference shares available in small lots (like shares) listed on SGX = primary market. Secondary market = usually 250K per lot.


Please note that transaction price in primary market include accrued interests, you dont need to reimburse seller on top of the agreed price.
Please note that transaction price in secondary market exclude accrued interests, you need to reimburse seller on top of the agreed price.