facebookWhat do you think of Frasers Property Treasury Bond (FPLSP 3.95 PERP)? Good to go and buy now? Thanks? - Seedly

Anonymous

29 Apr 2019

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General Investing

What do you think of Frasers Property Treasury Bond (FPLSP 3.95 PERP)? Good to go and buy now? Thanks?

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Billy

29 Apr 2019

Development & Acquisitions Manager at Real Estate Private Equity

FPLSP 3.95 PERP is a corporate bond, meaning you need to purchase $250k minimum worth of this bond.

https://secure.fundsupermart.com/fsm/bonds/fact...

At this moment, this bond is trading below issue price, which equates to a higher Yield to Maturity (YTM). In a rising interest rates environment, bond prices might suffer further, do your due d and make sure that cash flows are able to sustain the payouts (don't let it be a repeat of Hyflux where cash was diminishing) Make sure they aren't using debt to repay debt also

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