Author Archive

Muddy Water’s Fascination For Stanchart Bonds

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My first thought on Muddy Waters‘ new fascination, Stanchart, was why the bonds and not the stock ? Second slightly more libertine thought was, Muddy Waters locking horns with Temasek again ? Within… Continue reading

Show Me My Gold !

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There has been a lot of noise about gold. Bank traders are telling us to sell and that it is the end of the commodity supercycle which is of no surprise because of… Continue reading

Mothers Day, Mother Earth

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Spare a thought for Mother Earth this Mothers Day. It is not just the Dow that hit a historic milestone this weekend. On May 4th, global carbon dioxide concentration in the atmosphere hit… Continue reading

Bonds In Conversation : Reflecting On The Great Exit

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Warren Buffet‘s Berkshire Hathaway Finance just came out to issue a 5Y and 30Y bond at 1.3% and 4.3%. No wonder he would not buy Apple bonds because Apple issued their 5Y at… Continue reading

Cheering For Il Fiore – Dirty Money 3

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This is not the first time Il Fiore has been cast in ill light. “Singapore’s NDF trading market is an especially tight-knit group, according to people involved. One of their favorite hangouts was… Continue reading

New Issue Review : Not The Real Tata Motors 5Y 4.5% SGD

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Issuer:      TML Holdings Pte. Ltd., a wholly owned subsidiary of Tata Motors Limited and with 100% ownership in Jaguar Land Rover Automotive Plc. ** TML HOLDINGS – SGD 5YR** UPDATE 1 ** New… Continue reading

New Issue Review : Any Tom, Dick Or Oxley 4Y NC3Y 5.25%?

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When I saw this, I really did not want to write much about it. Afterall, it is brought out by the bank who gave you Aspial. Details : 4Y NC3Y Coupon : 5.25%… Continue reading

SGD Rates and Bonds Weekly

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Economic News Apr PMI 50.3 vs expected 50.3 previous 50.6 Apr Electronics Sector Index 51.2 vs expected 51.3 previous 51.9 IRS Market still in the doldrums as trading interest remains anemic. USDSGD broke… Continue reading

New Issue Review – First Reit 5Y SGD Bond

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*** First REIT 5-yr SGD – PRICE GUIDANCE *** Issuer: HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of First REIT) Status:  Senior, unsecured Rating: Unrated Issue Size: TBD Format/Docs: … Continue reading

The Great Market Exit (2013 Edition) is Bad News for Retirees

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It looks bad for retirees, especially if you are a banker. Bankers Explain How They Cannot Possibly Live On $1 Million Pay Well, I am not here to discuss about vanities or egos.… Continue reading