I just put in my bid for the OCBC NCPS which is paying 5.1% per annum till perpetuity (subject to redemption by OCBC from 2018 at par value). If you can get it at par value, it is not a bad investment option.However, it might not be advisable to hold it to perpetuity since the redemption occurs in year 10 and after which you will be getting the SOR + 2.5%. I'm sure there will …
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