When you deal with investment products, you may stumble upon a term “Accredited Investor”. There are generally three types of investors in the market: Retail Investors Accredited Investors Institutional Investors Accredited investors (AI) are often High Networth Individuals. They have access to some of the untraditional or sophisticated investment products which are out of touch […]
OCBC Bank Another $1b Preference Share Sale
OCBC Bank plans to sell $1 billion worth of preference shares to major investors in the next few days to shore up liquidity. The last issue was in July 2008 and August 2008, right before global financial crisis. The bank will be offering a coupon rate at 4% that will be paid twice-yearly. The payout […]