Seek high-yield blue chips, not bonds
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THE rush for yield in Singapore reaches new heights every day, and at first glance, retail investors are losing out.
On Monday, rubber producer Halcyon Agri received orders of over S$2 billion for just S$125 million of its 6.5 per cent 2019 bonds.
On Tuesday, fish supplier Pacific Andes was said to have also received orders of over S$2 billion for just S$200 million of its 8.5 per cent 2017 bonds.
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