In the last 1 month, LippoMalls shares and bonds dropped 5% but as fast as they dropped, they have all bounced back up!
Maybank Kim Eng has compiled a list of bonds, please find them in this link here: https://app.box.com/s/a4wal0dj1tzysaimwiw12pshgw964gro
- The column E “Yield” applies to YTM (yield to maturity). It is accurate for straight bonds, but may not be accurate for perpetuals.
- Price are based on prices on 10th Jan 2017.
- Prices already include commission of 0.25% embedded.
This is a long long list. To spare you the effort, I have here a selection of bonds that caught my eye. If any of these bond prices weaken, I may look to enter.
SGD Straight Bonds
Perennial Real Estate
- Price: 100.55
- Maturity: Jan 2021
- YTM: 3.71%
- Supercharged yield: 6.7%
Olam 5.8% 2019
- Price: 102.80
- Maturity: July 2019
- YTM: 3.86%
- Supercharged yield: 7.0%
Olam 6% 2022
- Price: 107.25
- Maturity: July 2022
- YTM: 4.31%
- Supercharged yield: 8.1%
SGD Perpetual Bonds
UOB 4% Perp
- Price : 103.05
- Next Call : May 2021
- YTC : 3.04%
- Supercharged yield: 4.4%
Wing Tai 4.08% Perp
- Ranking : Senior
- Price : 100.85
- Next Call : June 2022
- YTC : 3.87%
- Supercharged yield: 7.1%
Olam 5.5% Perp
- Price: 101.50
- Next Call : July 2022
- YTC : 5.13%
- Supercharged yield: 10.9%
LippoMalls 7% Perp
- Price: 104.80
- Next Call : July 2022
- YTC : 5.57%
- Supercharged yield: 11.6%
SGX Retail Bonds
Hyflux 6% CPS
- Price: 93.3
- Next call: Apr 2018
- YTM: 35.32%
- Supercharged yield (in stocks margin account): 56.9%
USD bonds
Olam 5.35% USD perp
- Price: 100.4
- Next call: July 2021
- YTM: 5.1%
- Supercharged yield : 10.4%
QBE 5.25% USD perp
- Price: 102.85
- Next call: Sep 2024
- YTM: 4.63%
- Supercharged yield: 8.8%
BNP 5.125% USD perp
- Price: 100.35
- Next call: Nov 2027
- YTM: 4.96%
- Supercharged yield: 10.0%
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