Astrea V 3.85% Class A-1 Secured Bonds

The IPO of Astrea V 3.85% Class A-1 Secured Bonds is probably the hottest talk among financial bloggers recently. I am not an expert into bonds and thus am unable to provide any analysis on whether on not you should apply for Astrea V Class A-1 Secured Bonds. Unlike the T2023 Temasek Bond which is guaranteed by Temasek, The bonds are not guaranteed by any entity, including Temasek.

Here are some basic information should you be interested to apply for the bond.

  • Principal Amount: S$315 million
  • Interest Rate:  3.85%
  • Application Start Date/Time: 12 June 2019, 9am
  • Application Close Date/Time: 18 June 2019, 12pm
  • Issuance of Bonds: 20 June 2019
  • Maturity Date: 10 years

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