This is a new issue which will be used to redeem its earlier preference share issue. As it is callable only at 2020, I would expect the yield to be higher, comparable to a 10 year bond. Thus, once it is listed on SGX, I will analyze and consider parking my reserves in it.
Here is the place where I will update the price and yield of the different bonds and preference shares that are listed on SGX. This should be a good gauge for people who are looking for safe investments. I will also use it to gauge my S-REIT Investments because I believe they are very much related. Do enjoy my new blog and please feel free to provide comments.
Friday, October 15, 2010
Channel NewsAsia - DBS raises S$1.7b through preference share issue - channelnewsasia.com
Channel NewsAsia - DBS raises S$1.7b through preference share issue - channelnewsasia.com
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