POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: SGXF36851818
OUECT 3.950% 05May2027 Corp (SGD)
OUE REIT TREASURY PTE. LTD.
Indicative Bid Price
101.850
Bid Yield to Maturity
2.071%
Bid Yield to Call
0.000%
Min. Investment (Nominal)
250000
Indicative Ask Price
102.050
Ask Yield to Maturity
1.871%
Ask Yield to Call
0.000%
Next Call Date
-
Credit Rating (Bond)
N.R
No Rating
Seniority
Senior Unsecured
Investor Profile
 Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun19. Jun21. Jun23. Jun00.511.522.5fundsupermart.com
Bond Information
OUE REIT Treasury Pte. Ltd. operates as a real estate investment trust. The Company invests in real estates used for commercial, office, and retail purposes. OUE REIT Treasury serves customers in Singapore.
Bond Issuer
OUE REIT Treasury Pte. Ltd.
Guarantor
OUE Real Estate Investment Trust
Announcement Date
24 Apr 2022
Issue Date
04 May 2022
Maturity Date / Next Call Date
04 May 2027 (Maturity Date)
Years to Maturity / Next Call
0.859 / -
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
4.200
Coupon Type
Fixed
Annual Coupon Rate (%)
3.95
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
SGXF36851818
CUSIP
BW1007929
Bond Currency
SGD
Total Issue Size
SGD 150,000,000
Minimum Investment Quantity (Nominal)
SGD 250,000
Incremental Quantity (Nominal)
SGD 250,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Real Estate Investment Trusts
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed
No
Bond Feature(s)
COUPON STEP-DOWN TRIGGER DUE TO INITIAL RATING EVENT:
In the event that a Rating Agency assigned an Investment Grade rating to OUE C-REIT and the Notes (“Initial Rating Event”) within 18 months from the Issue Date of the Notes, the Rate of Interest payable on the Notes shall be reduced by 0.25% p.a. and any such adjustment to the Rate of Interest shall be effective in respect of any Interest Period from and including the Interest Period commencing on the Interest Payment Date immediately following the date of the occurrence of the Initial Rating Event.

COUPON STEP-UP AND COUPON STEP-DOWN AFTER INITIAL RATING EVENT:
Following the adjustment of the Rate of Interest upon the occurrence of the Initial Rating Event, the Rate of Interest payable on the Notes shall be subject to further adjustment as follows:
(a) in the event of a Coupon Step Up Event, the Rate of Interest payable on the Notes shall be increased by 0.25% p.a.
(b) in the event of a Coupon Step Down Event, the Rate of Interest payable on the Notes shall be reduced by 0.25% p.a. In no event shall the Rate of Interest payable on the Notes (a) be lower than the Rate of Interest which applied to the Notes on the Issue Date less 0.25% p.a. or (b) be higher than the Rate of Interest which applied to the Notes on the Issue Date.
Redemption upon Cessation or Suspension of Trading of Listed Units

If so provided in the terms of the Notes, in the event that the Listed Units (as defined in the OUE C-REIT Trust Deed) cease to be listed and/or traded on the Singapore Exchange Securities Trading Limited (the “SGX-ST”) or transactions in any Listed Unit on the SGX-ST are suspended for a continuous period exceeding 10 market days, the relevant Issuer shall redeem all (and not some only) of the Notes at their Redemption Amount, together with interest accrued to the date fixed for redemption, (in the case where the Listed Units cease to be listed and/or traded on the SGX-ST) not later than the date falling 45 days after the date of cessation of listing or trading or (in the case where transactions in any Listed Unit on the SGX-ST are suspended for a continuous period exceeding 10 market days) the business day immediately following the expiry of such continuous period of 10 market days. The relevant Issuer shall forthwith notify the Trustee, the Issuing and Paying Agent, the Registrar, the Transfer Agent and the Noteholders of such cessation of listing or trading and the proposed date of redemption of the Notes.

For the purposes of this Condition 6(j), “market day” means a day on which the SGX-ST is open for securities trading.
Mandatory Redemption upon Termination of OUE C-REIT

In the event that OUE C-REIT is or is to be terminated in accordance with the provisions of the First Amending and Restating Deed dated 9 January 2014 made between (1) the OUE C-REIT Manager and (2) the OUE C-REIT Trustee (amending and restating a Deed of Trust dated 10 October 2013 constituting OUE Commercial Real Estate Investment Trust formerly known as OUE Commercial Trust) and as subsequently amended by a first supplemental deed dated 26 January 2015, a second supplemental deed dated 2 September 2015, a third supplemental deed dated 29 March 2018 and a fourth supplemental deed dated 28 May 2018 (the “OUE C-REIT Trust Deed”), the relevant Issuer shall redeem all (and not some only) of the Notes at their Redemption Amount together with interest accrued to (but excluding) the date fixed for redemption on any date on which interest is due to be paid on such Notes or, if earlier, the date of termination of OUE C-REIT.

The name of the issuer changed from "OUE CT Treasury Pte. Ltd." to "OUE REIT Treasury Pte. Ltd." with effect from 29 January 2024.

The Name of the guarantor changed from "OUE Commercial Real Estate Investment Trust" to "OUE Real Estate Investment Trust" with effect from 29 January 2024.
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
23 Jun 2026101.850102.0501.871
22 Jun 2026101.850102.0501.871
21 Jun 2026101.850102.0501.871
18 Jun 2026101.850102.0501.871
17 Jun 2026101.850102.0501.871
16 Jun 2026101.850102.0501.871
15 Jun 2026101.850102.0501.871
14 Jun 2026101.833102.0331.888
11 Jun 2026101.833102.0331.888
10 Jun 2026101.833102.0331.888
Total of 65 entries
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FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating
CHANGE DATE
S&P Bond S&P Issuer Fitch Bond Fitch Issuer
30 Oct 2023 *** *** N.RN.R
Total of 1 entries
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Related Documents
pdfIcon
Offering Circular
S$2,000,000,000 Multicurrency Debt Issuance Programme. Information Memorandum Dated 20 March 2020.
pdfIcon
Preliminary Pricing Supplement
S$2,000,000,000 Multicurrency Debt Issuance Programme. Preliminary Pricing Supplement Dated 25 April 2022.
pdfIcon
Pricing Supplement
Issue Of S$100,000,000 4.20% Notes Due 2027 Pursuant To The S$2,000,000,000 Multicurrency Debt Issuance Programme. Pricing Supplement Dated 28 April 2022.
pdfIcon
Pricing Supplement
Issue Of S$50,000,000 4.20 Per Cent. Notes Due 2027 (To Be Consolidated And Form A Single Series With The Existing S$100,000,000 4.20 Per Cent. Notes Due 2027 Issued On 5 May 2022) Under The S$2,000,000,000 Multicurrency Debt Issuance Programme. Pricing Supplement Dated 25 May 2022.
pdfIcon
Notice
Interest Rate Step Down Announcement Dated 30 October 2023.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
OUECT 4.100% 14Jun2027 Corp (SGD)

OUE REIT Treasury Pte. Ltd.

 13 Jun 2027 102.388 1.601% p.a. ***/N.R
TRANSACT
OUECT 3.900% 26Sep2031 Corp (SGD)

OUE REIT Treasury Pte. Ltd.

 25 Sep 2031 104.925 2.881% p.a. ***/N.R
TRANSACT
OUECT 2.750% 08Oct2032 Corp (SGD)

OUE REIT Treasury Pte. Ltd.

 07 Oct 2032 98.800 2.960% p.a. ***/N.R
TRANSACT
Total of 3 entries
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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
SGD 257,783.20
Years to Maturity
9+ months
Est. Total Income
SGD 9,875.00
Yield to Maturity
1.273%
Indicative Cash Flow
Nominal Value
SGD 250,000.00
  • 2027
    May
    Coupon
    SGD 4,937.50
    Maturity
    SGD 250,000.00
  • 2026
    Nov
    Coupon
    SGD 4,937.50
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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