HNA Group (International) SGD 2 YR – HNA Group (International) SGD 2yr announced on the back of strong IOIs from SG Roadshow – Initial price guidance: 7% area – Size: TBD – Timing:… Continue reading
Daily Credit Wrap: Investment Grade: Flows were mixed across the Asian credit space with a firmish tone. The recent Petronas bonds continue to be actively traded with the 25s closing 158/156 (unchanged). Indian… Continue reading
The big controversy in the political world is the new Asian Infrastructure Investment Bank (AIIB) and America’s panic when their closest ally, the UK, signed up with China, along with Germany, France and… Continue reading
Australian bonds led by the Fed’s noose as the RBA Governor Stevens sees a period of sub-average growth as it undergoes a “major transition”, moving away from its pillar of growth in mining.… Continue reading
Happy Spring Equinox ! Spring time at last ! I had coffee with a friend who was looking for some good bonds that yield 4% and I told her that 3% is… Continue reading
NEW ISSUE: CITY DEVELOPMENTS SGD 5YR – Final Guidance 3% (the number) ** ISSUER: City Developments Limited ISSUE RATINGS: Unrated STATUS: Direct, unconditional, unsubordinated and unsecured notes FORMAT/DOCS: Reg S Only, Bearer /… Continue reading
I think we shall be seeing a new record in SOR fixings today, so this is a forewarning for those who may be concerned. SGD forwards trading higher as funding tightens as we… Continue reading
Is it any wonder that bankers which include the economists and strategists all draw higher salaries than the people at the Fed and that the promising and/or prominent officials often end up working… Continue reading
SingTel Unit Prices S$150m 5.5-Year Fixed-Rate Notes Due 2020 (Bloomberg) — Notes part of long-term financing strategy, according to statement. Proceeds used to fund ordinary course of business Oversea-Chinese Banking Corp. acted as… Continue reading
Daily Credit Wrap: Investment Grade: Asia IG had a weak session yesterday with oil and energy names underperforming as the bottom fell out of oil prices. We heard of selling in Sinochem bonds… Continue reading
