Saturday, 16 June 2018

My Application Results for Astrea IV Bonds

The application results for Astrea IV bonds is out! Good news for those who have applied. Even though the bond is 7.4 times over-subscribed, all valid applicants manage to get some or even full allocations. Those who applied $4000 or less would receive full allocations.

I also tried my luck in getting some even though I always waste $2 kopi money when it comes to applying IPOs. I didn't forsee I would get full allocations so I tried applying $11000. I expected myself to get at most $2000. I thought it could be a balloting process. If I applied $11k, I might join the second group where the competition would be lesser.



Much to my surprise, I got more than I expected. Thanks Temasek!


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