You are here

CMT retail bond more for savers than investors

westygte1302.jpg
On the surface, the new retail bond appears to be fairly priced. A CapitaMalls Asia step-up 3.8 per cent bond due 2022 is trading at a slight premium to par - PHOTO: CAPITAMALLS ASIA

THE first retail bond offering of the year by CapitaMalls Trust (CMT), Singapore's first and largest real estate investment trust (Reit), offering a yield of 3.08 per cent for seven years, comes at an interesting time.

Global bond investors are increasingly jittery as the US Federal...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes