13 Apr 2022

Perpetual bonds: The good and the bad

WHILE perpetual bonds are hybrid in nature, sharing both the characteristics of bonds and equities, more often than not, they are classified as a type of equity rather than debt on the balance sheet of issuers. As there is no contractual obligation from the issuer to redeem the instrument as there is no maturity date, the holders or investors of perpetual bonds, or sukuk, are usually long-term investors such as insurance companies or institutions. Back in 2013, property developer Paramount…


BIMB Investment Management Berhad [199301021508 (276246-X)]
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