| OLAMSP 6 10/25/22 | SGD | 81 | 83 |
| OLAMSP 5 3/4 09/20/17 | USD | 88.75 | 90 |
| OLAMSP 2 1/2 09/06/13 | SGD | 96.5 | 98 |
| OLAMSP 5.8 07/17/19 | SGD | 84 | 86 |
| OLAMSP 7 09/29/49 | SGD | 79.5 | 84 |
| OLAMSP 6 08/10/18 | SGD | 86 | 88 |
| OLAMSP 3 02/25/13 | SGD | 98.5 | 100 |
| OLAMSP 7 1/2 08/12/20 | USD | 90 | 92 |
| OLAMSP 4.07 02/12/13 | SGD | 97.5 | 99.5 |
* Table of indicative prices I trawled from Bloomberg. Not representative of dealing prices.
We are finally reading the textbook. Bonds are safer than stock.
New 3 year low in the stock at 1.425 as I type, the bonds are little changed at the moment.
Yes. There is potential for contagion but that should be discounted already. But take a look at the table. The USD 7.5% 2020 looks a tad high to me, as does the perp. I think the 2022 still presents value over the perpetual, but that is my opinion.
The perpetual should be going lower if the stock continues to tank towards a fairer value.