SGD New Issue Review : MAGIC 7Y 3.5%
MAPLETREE GREATER CHINA COMMERCIAL TRUST 7Y SGD: PX GUIDANCE @ 3.5% AREA * NEW 7YR SGD ANNOUNCED DRIVEN BY REVERSE ENQUIRY * PRICE GUIDANCE AT 3.5% AREA * AS EARLY AS TODAY’S BUSINESS… Continue reading
Category Archive: Rates/Bonds
USD New Issue Review : Country Garden Holdings 5Y NC3 7.875%
It’s our lucky day … got this piece courtesy of friend who I hope will be able to write for us soon ! ************************ Country Garden Holdings Co. Ltd. (Country Garden) is marketing… Continue reading
Singapore Budget Trade Ideas : Any Surplus Is Immoral
Looks like I pre-empted the Budget – T-shirt I bought from Uniqlo for Chinese New Year (which is now selling at a discounted 9.90! ) that is lifted off Jenny Holzer’s text installations… Continue reading
Bond Focus : One Man's CoCo Is Another Man's Junk
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** As we come to the end of the Chinese year of the Horse,… Continue reading
Singapore Market Buzz And Update
Another little research firm has published a scathing report on Nobel, comparing it to Enron. https://icebergresearch.files.wordpress.com/2015/02/report-1-associates-and-agri-15022015.pdf The stock price is down almost 8% on the day. *************** In conjunction with another article on… Continue reading
China Focus : A Quiet End To The Year
Not sure what’s brewing in China and I do not think many people do even if they claim so. But those renegade corrupt officials living in the US better beware as President Xi… Continue reading
Australia Focus : Saved By Ukraine
A picture speaks a thousand words after Tony Abbott survived a no confidence vote. As a result, we are likely to see the AUD higher next week as part of the global risk-on… Continue reading
Bonds In Conversation : Don't Know The Way In A Slow Race
Friend got into a taxi at Kheam Hock Road and asked to go to Gleneagles Hospital and the cabbie did not know the way. Up from my vantage point at the top of… Continue reading
China Focus : Playing Octopus
There is outflow from the Land of the Red Dragon with their biggest capital account deficit since 1998 in the final quarter of 2014. And we had the RRR cut this week from… Continue reading
Australia Focus : Unexpecting The Expected
I thought we were expecting a rate cut ? 28 Jan 2015 An article in Australia’s best-selling metropolitan newspaper (Herald Sun) claims the RBA has shifted its thinking on the economy and is… Continue reading