The Astrea V Structured PE Bond – 3.85% Yield for Class A …

That said, Astrea V is a structured bond but it is not a traditional bond. The underlying PE funds is likely leverage, and also so are the underlying companies within the PE funds. The very fact that the interest rate for a rated bond is higher than the Temasek 2023 bond and SIA Bond should tell you that this is not a straight forward asset

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