BSM FULL POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: SGXF92238520
IFASTC 4.328% 11Jun2029 Corp (SGD)
IFAST CORPORATION LTD
Bid Price
105.050
Bid Yield to Maturity
2.557%
Min. Investment (Nominal)
10,000
Bid Volume
100,000
Ask Price
105.700
Ask Yield to Maturity
2.337%
Maturity Date
10 Jun 2029
Ask Volume
100,000
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 Maturity16. May18. May20. May22. May24. May26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun2.32.42.52.62.72.8fundsupermart.com
Bond Information
iFAST Corporation Ltd. operates a funds and investments distribution platform in the Asia Pacific region.
Bond Issuer
iFAST Corporation Ltd
Guarantor
-
Announcement Date
02 Jun 2024
Issue Date
10 Jun 2024
Maturity Date / Next Call Date
10 Jun 2029 (Maturity Date)
Years to Maturity / Next Call
2.987 / -
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
4.328
Coupon Type
Fixed
Annual Coupon Rate (%)
4.328
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
SGXF92238520
CUSIP
YX4955937
Bond Currency
SGD
Total Issue Size
SGD 100,000,000
Minimum Investment Quantity (Nominal)
SGD 10,000
Incremental Quantity (Nominal)
SGD 5,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Diversified Financial Services
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)
Redemption upon Cessation or Suspension of Trading of the Shares

(i) In the event that (1) the shares of the Issuer cease to be traded on the SGX-ST or (2) trading in the shares of the Issuer on the SGX-ST is suspended for more than seven (7) consecutive Exchange Business Days (as defi ned below) (each, a “Trading Disruption Event”), the holder of any Notes shall have the right, at the option of such holder, to require the Issuer to redeem all (or some only) of such holder’s Notes at its Redemption Amount together with interest accrued to (but excluding) the date fi xed for redemption on any date on which interest is due to be paid on such Notes or, if earlier, the date falling 60 days after the Effective Date (as defi ned below). To exercise such option, the holder must deposit (in the case of Bearer Notes) such Note (together with all unmatured Coupons and unexchanged Talons) with the Issuing and Paying Agent, or any other Paying Agent at its specifi ed offi ce or (in the case of Registered Notes) the Certifi cate representing such Note(s) with the Registrar or any Transfer Agent at its specifi ed offi ce, together with a duly completed option exercise notice (a “Cessation or Suspension of Trading Put Notice”) in the form obtainable from the Issuing and Paying Agent, any other Paying Agent, the Registrar, any Transfer Agent or the Issuer (as applicable) no later than 45 days after the Effective Date. Any Note or Certifi cate so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.

Upon expiry of any such notice as is referred to in this Condition 6(g), the Issuer shall be bound to redeem the relevant Notes in accordance with this Condition 6(g). For the purposes of this Condition 6(g):

(a) “Effective Date” means (in the case of (1) above) the date of cessation of trading or (in the case of (2) above) the business day immediately following the expiry of the period of seven (7) consecutive Exchange Business Days; and

(b) “Exchange Business Day” means a day on which the SGX-ST is open for securities trading.
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)
14 Jun 2026105.050105.7002.339
11 Jun 2026105.050105.7002.341
10 Jun 2026105.050105.7002.342
09 Jun 2026105.050105.7002.347
08 Jun 2026105.050105.7002.349
07 Jun 2026105.050105.7002.352
04 Jun 2026105.050105.6502.370
03 Jun 2026105.050105.6502.372
02 Jun 2026104.950105.4502.443
01 Jun 2026104.950105.4502.445
Total of 64 entries
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FSMOne 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$300,000,000 Multicurrency Debt Issuance Programme. Information Memorandum Dated 29 May 2024.
pdfIcon
Pricing Supplement
S$100,000,000 4.328 per cent. Fixed Rate Notes Due 2029. Pricing Supplement Dated 3 June 2024.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
IFASTC 2.750% 03Mar2031 Corp (SGD)

iFAST Corporation Ltd

 02 Mar 2031 99.425 2.881% p.a. ***/N.R
TRANSACT
Total of 1 entries
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FSMOne's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.10% / Min. SGD 1.88*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
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Order Processing Time
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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 1.88 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM 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
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Note
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  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 10,589.20
Years to Maturity
2 years 11+ months
Est. Total Income
SGD 1,298.40
Yield to Maturity
2.082%
Indicative Cash Flow
Nominal Value
SGD 10,000.00
  • 2029
    Jun
    Coupon
    SGD 216.40
    Maturity
    SGD 10,000.00
  • 2028
    Dec
    Coupon
    SGD 216.40
  • Jun
    Coupon
    SGD 216.40
  • 2027
    Dec
    Coupon
    SGD 216.40
  • Jun
    Coupon
    SGD 216.40
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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