Setting of Criterias for Investing in Retail Bonds/Preference Shares

After some thoughts on this, here is my decision on the criteria for investing in Retail Bonds/Preference Shares.

1) Retail Yield must be at least 4.05%. The guideline is that it must be at least 1% higher than the risk-free rate of 3.05% which OCBC 360 account is offering.

2) Overall Annual Yield must also be at least 4.05%. The guideline is also that it must be at least 1% higher than the risk-free rate of 3.05% which OCBC 360 account is offering.

3) The remaining tenure must be at least 2.5 years. This is to provide price stability of the bonds/preference shares so that the actual yield that I receive is closer to the retail yield than the overall annual yield. Once it breaches this gap, I think I should sell.

With this, here are the bonds which fit all three criteria currently.

1) Genting SP5.125%Perp
2) Hyflux 6% CPS 10