BOND COMPLEXITY : LOWISIN: SGXZ56033186
CITSP 3.397% 24Oct2029 Corp (SGD)
CITY DEVELOPMENTS LIMITED
Indicative Bid Price
103.600
Bid Yield to Maturity
2.263%
Min. Investment (Nominal)
250000
Indicative Ask Price
104.100
Ask Yield to Maturity
2.110%
Maturity Date
23 Oct 2029
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 MaturityAsk Yield to Maturity26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun19. Jun21. Jun23. Jun25. Jun2.052.12.152.22.252.32.35FSM Global
Bond Information
City Developments Limited provides real estate services. The Company offers renting, buying, and selling residential, commercial, and hospitality properties as well as provides consulting services. City Developments serves customers in Singapore.
Bond Issuer
City Developments Limited
Guarantor
-
Announcement Date
14 Oct 2024
Issue Date
23 Oct 2024
Maturity Date / Next Call Date
23 Oct 2029 (Maturity Date)
Years to Maturity / Next Call
3.321 / -
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
3.397
Coupon Type
Fixed
Annual Coupon Rate (%)
3.397
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
No
Reference Rate
-
ISIN
SGXZ56033186
CUSIP
YU5259731
Bond Currency
SGD
Total Issue Size
SGD 400,000,000
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 Management and Development
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed 
No
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 (MATURITY)
25 Jun 2026103.600104.1002.110
24 Jun 2026103.600104.1002.111
23 Jun 2026103.600104.1002.114
22 Jun 2026103.600104.1002.115
21 Jun 2026103.600104.1002.116
18 Jun 2026103.600104.1002.117
17 Jun 2026103.600104.1002.118
16 Jun 2026103.600104.1002.121
15 Jun 2026103.600104.1002.122
14 Jun 2026103.450104.0002.153
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

There are no credit rating changes for this bond for the past 3 years.

Related Documents
pdfIcon
Offering Circular
S$5,000,000,000 Medium Term Note Programme. Information Memorandum dated 30 June 2021.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
CITSP 4.139% 06Apr2028 Corp (SGD)

City Developments Limited

 05 Apr 2028 104.064 1.791% p.a. ***/N.R
TRANSACT
CITSP 3.712% 30Jan2029 Corp (SGD)

City Developments Limited

 29 Jan 2029 104.275 2.007% p.a. ***/N.R
TRANSACT
CITSP 2.500% 26Jun2031 Corp (SGD)

City Developments Limited

 25 Jun 2031 100.275 2.441% p.a. ***/N.R
TRANSACT
CITSP 2.466% 29Aug2030 Corp (SGD)

City Developments Limited

 28 Aug 2030 100.475 2.345% p.a. ***/N.R
TRANSACT
CITSP 2.400% 02Dec2030 Corp (SGD)

City Developments Limited

 01 Dec 2030 100.192 2.354% p.a. ***/N.R
TRANSACT
CITSP ZERO Perpetual Pref (SGD) Retail

City Developments Limited

 06 May 2165 101.400 - ***/N.R
TRANSACT
Total of 6 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 262,972.05
Years to Maturity
3 years 3+ months
Est. Total Income
SGD 29,723.75
Yield to Maturity
1.765%
Indicative Cash Flow
Nominal Value
SGD 250,000.00
  • 2029
    Oct
    Coupon
    SGD 4,246.25
    Maturity
    SGD 250,000.00
  • Apr
    Coupon
    SGD 4,246.25
  • 2028
    Oct
    Coupon
    SGD 4,246.25
  • Apr
    Coupon
    SGD 4,246.25
  • 2027
    Oct
    Coupon
    SGD 4,246.25
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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