CapitaLand callable bond may be a risky bet for some investors: iFast
Singapore
MARKET prices on callable bonds sold by Singapore's biggest property developer suggest that some investors aren't fully aware of risks associated with the notes' structure, according to fund researcher iFast Corp.
CapitaLand Ltd's S$400 million of securities due in 2022, which the issuer has an option to pay off early at par value on Jan 12, traded at 102.1 US cents on the US dollar on Sept 8, according to Singapore exchange data.
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