· (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the Notes matured on the applicable Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15basis points in the case of either the 2035 Notes or the 2055 Notes, less (b) interest, if any, accrued and unpaid to, but excluding, the date of redemption; and
· 100% of the principal amount of the Notes of the applicable series to be redeemed,
plus, in either case, accrued and unpaid interest, if any, on the principal amount of the Notes to be redeemed to, but excluding, such redemption date.
Make-whole call based on U.S. Treasury +0.150% (+15 basis points); if, however, the Notes are redeemed on or after October 16, 2034, the redemption price will be equal to 100% of the principal amount of the 2035Notes to be redeemed, plus accrued and unpaid interest thereon, if any, to, but excluding, the date of redemption.
“Par Call Date” means (i) October 16, 2034 for any 2035 Notes (the date that is three months prior to the maturity of the 2035 Notes) and (ii) July 19, 2054 for any 2055 Notes (the date that is six months prior to the maturity of the2055 Notes).
There are no credit rating changes for this bond for the past 3 years.
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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 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.
- 2034OctCouponUSD 27.25Early RedemptionUSD 2,000.00
- JulCouponUSD 54.50
- JanCouponUSD 54.50
- 2033JulCouponUSD 54.50
- JanCouponUSD 54.50
