I am putting some money as Fixed Deposits into this bond. Singapore Banks FD interest no eye see.
The retail tranche of the latest issuance of private equity bonds, Astrea VI, was launched on Tuesday with a fixed interest rate of 3 per cent per annum.
In a briefing on Tuesday, Azalea Asset Management said S$250 million worth of the lowest-risk Class A-1 bonds will be open for subscription from 9am on Wednesday (March 10).
The offer will close at noon on March 16. Applications will be in multiples of S$1,000 with a minimum of S$2000.
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