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Purchasing of Corporate Bonds

each lot is $250k. following is the info provided by the bank:

ISSUER:                                   Neptune Orient Lines Limited

STATUS:                                  Senior, Unsecured

INDICATIVE SIZE:                    SGD 200MM off the issuer's USD1.50BN Euro MTN Programme

INITIAL YIELD GUIDANCE:       10-yr S$SOR + 240bps area (APPROIXIMATELY 4.7%-4.8% YTM)

TENOR:                                    10 Years

OPTIONAL REDEMPTION:        Redeemable at the Issuer's option in whole or in part:-

(DISCRETE CALL):                   Year 2015 at [100 + (Coupon Rate/2)]%

                                                Year 2016 at [100 + (Coupon Rate/3)]%

                                                Year 2017 at [100 + (Coupon Rate/6)]%

                                                Year 2018 and thereafter at 100.00%

integra      ( Date: 29-Aug-2010 11:11) Posted: Hi Everyone, I had a question on purchasing of corporate bonds. I came across a advertisment that NOL is offering 10 years bonds.I wish to know how do I purchase such bonds? Currently,I have a trading account with DBS and OCBC. Thanks for clearing my doubts.

 

HEARD:

-  IllIquId

-  hIgh  transactIOn  cOst

-  lOw  annUal yIeld

-  lOw  retUrn  On  capital

 

Perhaps u can get it from your relationship manager in the bank

 

Hi Everyone,

I had a question on purchasing of corporate bonds.

I came across a advertisment that NOL is offering 10 years bonds.I wish to know how do I purchase such bonds?

Currently,I have a trading account with DBS and OCBC.

Thanks for clearing my doubts.