https://www.channelnewsasia.com/news/singapore/temasek-retail-bonds-oversubscribed-interest-rate-guaranteed-10856234
Did Temasek's retail bond subscription perform well?
Well, the subscription rate of 8x is considered to be just alright but not spectacular.
Why? This is because a government conglomerate like Temasek should do better as it has a better background and AAA credit rating.
Xiaomi IPO was oversubscribed by 9.5x which did better than Temasek's despite having a lower credit rating.
https://www.ft.com/content/c28dc7f6-80b3-11e8-bc55-50daf11b720d
Subscribe to:
Post Comments (Atom)
.jpg)
No comments:
Post a Comment