Mapletree’s latest perpetual offers an attractive FPG of 3.7%, | FSMOne SG - Research Highlights
Mapletree’s latest perpetual offers an attractive FPG of 3.7%, compared to its other SGD perps with YTWs below 3%. However, investors should take note that it’s a fixed-for-life perpetual.
Such instruments have high modified durations and may work heavily against investors in a rising interest rate environment: https://bit.ly/3fmOCvt