Perpetual bonds back in favour
Singapore
PERPETUAL bonds are enjoying a massive revival as investors turn to them for their higher yields, ignoring the broader market anxiety over rising interest rates.
On Wednesday, Ezion Holdings sold S$150 million perpetual bonds offering a 7 per cent coupon, the eighth such deal this year. The issue received S$300 million in orders.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
Single founders, billion-dollar valuations: AI is minting unicorn startups at birth