SGD Corps : Losers 2013 Edition
Only 4 losers this year.
The rest are winners !!
Note that I use estimated yield/prices to approximate in my calculations.
Yet the results are not as bad as they seem !!!
Take a look at the table I have prepared.
The hypothetical cash price I calculated based on the going rate for their cost of protection.
Nothing on Guoco because it is a local issuer and it looks to be doing well versus the 3 bigger and more global names given that, as a perpetual, it is the lower ranked bond of the lot !
Just some trivia for readers.