• 100% of the principal amount of the Bonds to be redeemed; and
• the make-whole amount, which means the amount determined on the fifth Business Day before the redemption date equal to the sum of (i) the present value of the principal amount of the Bonds to be redeemed, assuming a scheduled repayment thereof on the stated maturity date, plus (ii) the present value of the remaining scheduled payments of interest to and including the stated maturity date, in each case discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months and, in the case of an incomplete month, the actual number of days elapsed) at the Treasury Yield plus 25 basis points,
plus, in each case, accrued and unpaid interest on the Bonds to be redeemed, if any, to, but not including, the redemption date; provided that the principal amount of a Bond remaining outstanding after redemption in part shall be US$200,000 or an integral multiple of US$1,000 in excess thereof. For the avoidance of doubt, neither the Trustee nor the Agents shall be responsible for calculating the make-whole amount.
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Remark
- *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
- ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
- 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
- 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.
- 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.
- All fees and commission quoted are exclusive of Goods and Services Tax (GST).
- 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.
- 2031AprCouponUSD 1,437.50Early RedemptionUSD 200,000.00
- JanCouponUSD 2,875.00
- 2030JulCouponUSD 2,875.00
- JanCouponUSD 2,875.00
- 2029JulCouponUSD 2,875.00
