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Reit perp holders risk drops in coupon rate if issuers reset
Published Mon, Jun 1, 2020 · 09:50 PM
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Singapore
AS analysts expect more Reit issuers of perpetual bonds to follow in Ascott Residence Trust's (ART) footsteps, DBS Group Research on Monday flagged that perpetual holders could face a risk of a 1 to 1.8 percentage point drop in coupon rates if the issuers choose to skip their first calls.
In the second half of …
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