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Reit perp holders risk drops in coupon rate if issuers reset

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As analysts expect more Reit issuers of perpetual bonds to follow in Ascott Residence Trust's (ART) footsteps, DBS Group Research on Monday flagged that perpetual holders could face a risk of a 1 to 1.8 percentage point drop in coupon rates if the issuers choose to skip their first calls.

Singapore

AS analysts expect more Reit issuers of perpetual bonds to follow in Ascott Residence Trust's (ART) footsteps, DBS Group Research on Monday flagged that perpetual holders could face a risk of a 1 to 1.8 percentage point drop in coupon rates if the issuers choose to skip their...

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