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 Basic Bond & Bond buying 101, Let's share our knowledge

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drbone
post Dec 14 2020, 08:52 PM

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QUOTE(hksgmy @ Sep 28 2020, 09:44 PM)
frostfrench - just a friendly heads up. I got a call from my banker today, and she’s able to get me another one of the OCBC Perp bonds I was telling you about. It’s from a  secondary market reseller, and he’s asking for 1.5¢ above IPO. I’m trying to negotiate down to 0.75¢ above IPO, so just to let you know that there are a few of these bonds being put out in the market again, in case you are still keen.

Speak to your good for nothing RM and see if he or she can help you get your hands on one of these. This is as close to AAA rated Perpetuals as you’ll ever find, and the yield is about 2.85% at 101.5.

Good luck!
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Hi, firstly , kudos to starting this thread. Am also looking into purchasing bonds via OCBC. Please share more info about this Perp Bond.

 

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