Sunday, September 15, 2013

Types of debt securities eligible for listing on SGX

Fixed & Floating Rate Bonds Fixed rate bonds pay a fixed coupon rate throughout the life of a bond .
Floating rate bonds has a variable coupon rate. Coupon rate adjustments are made periodically.
Convertible & Exchangeable Bonds Convertible bonds give investors an option to convert bonds into shares of the issuer.
Exchangeable bonds give investors an option to convert bonds into shares of a company other than the issue.
Covered Bonds Covered bonds are debt securities that are secured by a pool of loans or mortgages.
Asset Backed Securities Asset backed securities are bonds or notes backed by a specified pool of underlying assets.
Loan Participation Notes A type of debt security that permits investors to buy portions of an outstanding loan or a package of loans.
Commercial Papers Unsecured, short term debt instruments issued by large banks and corporations to finance their short term credit needs.
Hybrid Capital Securities A type of security that has both equity and debt features, for example, preference shares.
Structured Products Synthetic investment instruments specially created to meet specific needs that cannot be met from the standardized financial instruments available in the markets.

Source: SGX



- wong chee tat :)

No comments: