$SMC 2018 Bond Offer for 6.4% p.a.

Posted Leave a commentPosted in Bonds, High Yield Deposits, Investments, Personal Finance

The offer comes in 3 tenors: 5-year, 7-year and 10-year. The indicative rates are 5.6% (5yrs), 6% (7yrs) and 6.4% (10yrs) but this is still to be finalized by March 1.


Better than Time Deposit: SMC Series 2 Preferred Shares 6% Per Annum

Posted Leave a commentPosted in Financial Literacy, Investments, Personal Finance, Stock Market 101, Stocks

At above quoted rates, this definitely beats your time deposit returns. Not risk free though, risk is if SMC files for bankruptcy, preferred shareholders are not the first in line post-liquidation of assets. Lenders will definitely be first, then preferred shareholders, followed by common shareholders.