The Other Side of T2023-S$ Temasek Bond
By The Boy Who Procrastinates - October 26, 2018
The application for the T2023-S$ Temasek Bond has closed on 23 Oct. With aggressive marketing for the past two weeks, information on the 5-year bond can be easily accessible on the Temasek website. The public offer has seen a subscription rate of over 8 times whereas the tranche for institutional investors was 7.19 times subscribed. Despite the euphoria around the Temasek's first retail bond, it has received...