Category Archive: Rates/Bonds

Bonds In Conversation : 2008, It Was Credit. 2015, It Is Just Liquidity

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It is Thursday and day 3 of the Great Chinese Deval. Markets are getting the hang of it by now, and we are seeing risk return to the plate especially after the Great… Continue reading

China Focus : Piggy Back On The Green Back

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I wonder if I had missed writing China over the weekend because of some inner psychic that saw today’s devaluation move but if it was so, then I would like to smack that… Continue reading

SINGAPORE RATES WEEKLY : SG50 FOR YOU AND ME AND OUR NEW WEBSITE

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Welcome to the new look Tradehaven website. It took slightly longer than we had anticipated and has been quite a lesson in learning that none of us are terribly good at design work,… Continue reading

Australia Focus : Crush and Crushed, Wallabies and Kangaroos

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I admit, I am not the sports fan to sit patiently through a televised game but I do like to follow the headlines and so we Australia keeping their hopes alive for winning… Continue reading

BONDS IN CONVERSATION : PREPARE TO BE UNPREPARED

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Happy SG50, Folks ! My web developers must have timed their delay perfectly to launch the new site tomorrow on NATIONAL DAY (or so they promise) and I apologise for the sporadic posts… Continue reading

PRIMARY CREDIT WATCH

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YESTERDAY’S DEALS KDB Gets >CNH2.4b Orders for CNH1.2b 3Y Bonds KDB (Aa3/AA-)  sells bonds at 4.10%. Order book >CNH2.4b with 55 orders By region Taiwan 47% Rest of Asia 49% Europe 4% By… Continue reading

PRIMARY CREDIT WATCH

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Car Inc. (699 HK)  Proposes to Issue Dollar-Denominated Senior Notes (Bloomberg) — May price today. Issuer: CAR Inc. Guarantors: Certain non-PRC subsidiaries of the issuer Issuer ratings: Ba1/BB+/BB+ Expected issue ratings: Ba1/BB+/BB+ Reg… Continue reading

CHINA FOCUS : Waiting For The Star To Fall

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I conclude the A50 is the worst performer of all the Chinese indices because it is the most accessible to short sellers ! A50 is up 42.23% over 12 months. SHCOMP is up… Continue reading

AUSTRALIA FOCUS : STILL THE BEST PLACE TO LIVE

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Yes, we know that the Koala is a BEAR but at least investors are having second thoughts this week as far as the AUDUSD is concerned anyway. We are closing on a gravestone… Continue reading

BONDS IN CONVERSATION : TIME FOR A BLUE MOON

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What a week and what a time for renewal. Renewed selling in Chinese stocks, renewed EM bashing, renewal in Malaysia with a fire that destroyed evidence and hopefully, they can start afresh, and… Continue reading