This list is not exhaustive but merely a summary of the key things you need to look out for in Perpetual Bonds. By the way, Ascendas (not the reit, it's the parent company) is launching another perpetual bond with whisper rate 5% now. Also, do note that when going into perpetual, try to get those that have step-up after 5 yrs or 10yrs and not fixed forever like Cheung Kong (CK Bond) even though it has an earlier call date at 2016.
