Brekkie Bond Wrap
Investment Grade: The firm tone in Asian credit continued on Friday. We closed about 1-2 bps tighter in low beta names while BBB names were flattish, with property bonds weighed down ahead of… Continue reading
Category Archive: Rates/Bonds
China Focus : Confucius Speaks For LKY
He who exercises government by means of his virtue may be compared to the north polar star, which keeps its place and all the stars turn towards it. China knows best !… Continue reading
Australia in Focus : Antipodean Finals
Australia just booked the final spot in the World Cup Cricket against none other than New Zealand, the alternative being South Africa, which makes it a perfect Antipodean finish or, would have been,… Continue reading
Bonds In Conversation : A New Chapter Begins
My apologies. This is Not Another Tribute to Our Dearly Departed Founding Father, Lee Kuan Yew, who has been called away from this world of ours and is resting in peace and therefore… Continue reading
Brekkie Bond Wrap
Daily Credit Wrap: Investment Grade: After a weak start, Asian credits saw good buying as US Treasury yields moved higher. We heard of strong demand for BBB credits like CITPAC and NOBLE. Petronas… Continue reading
New Stanchart USD CoCo Issue : Perp NC5 High 6%
Edz is out today so you will have to listen to my rant instead. Issuer: Standard Chartered PLC (the “Issuer”) Instrument: US$[●] Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities Tenor: Perpetual-NC5… Continue reading
SGD NEW ISSUE REVIEW : GALLANT VENTURE 3Y LOW 7%
Issuer: Gallant Venture Ltd. Status: Senior, unsecured, off USD500m EMTN Programme Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenor: 3 Years Issue Size: TBD Initial Price Guidance: Low 7%… Continue reading
Brekkie Bond Wrap
Daily Credit Wrap: Investment Grade: It was an active session in the Asian credit markets with spreads consolidating across sectors. Underlying tone remains relatively firm though markets did give back some gains on… Continue reading
SGD Rates Weekly : The Advi-SOR
LIBOR RATES 1 month 0.174% 3 month 0.2668% 6 month 0.39735% 23/3/15 FEB CPI MoM 0.1%, expected 0.3% FEB CPI YoY -0.3%, expected -0.2% FEB Core CPI 1.3%, expected 1.2% CPI falls for… Continue reading