Iron Ore Completes Fifth Weekly Loss as ‘Worst Is Yet to Come’ http://www.bloomberg.com/news/2014-11-21/iron-ore-heads-for-fifth-weekly-loss-on-global-glut-china-data.html Again we have China coming to the rescue of the AUD dollar with Australia’s own central bank a bystander… Continue reading
Whatcha gonna do ? Whatcha gonna do When they come for you? ~ Bob Marley https://www.youtube.com/watch?v=NG2ci9CyiwI&hl=en-GB&gl=SG Karma beckons as we get more and more calls for bubble in credits, the latest now from… Continue reading
NEW ISSUE – HOUSING DEVELOPMENT BOARD 12Y SGD 3.22% ISSUE: Housing and Development Board RATING: Unrated SERIES: 062 FORMAT: Reg S Bearer / Off the Issuer’s SGD32 billion Multicurrency Medium Term Note Programme… Continue reading
A friend was complaining to me about some prices that are not holding up to screen levels. Being a savvy investor, he checked the Bloomberg price before asking for a bid only to… Continue reading
NEW ISSUE: PROTELINDO FINANCE B.V. SGD 10 YR – INITIAL GUIDANCE 3.35% AREA ISSUER: Protelindo Finance B.V. GUARANTOR: Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank GUARANTEE… Continue reading
If you notice that your monthly instalments are getting a little higher, you are spot on the fact that 1 month SIBOR is at its highest levels in 4 years. Ok, we cannot… Continue reading
NOTICE : PLEASE LINK BACK TO THIS SITE IF YOU WANT TO USE THIS POST. NEW ISSUE: SEMBCORP SGD 7Y – New Sembcorp SGD 7yrs announced. Deal is anchored – Initial price… Continue reading
Aspial is paying up ! 2012 Jul Aspial 3 year 5.2% SGD 85 mio Sep Aspial 2 year 4.65% SGD 65 mio (matured) * coupons revised higher due to covenant breach last year… Continue reading
Australia is so dependent on the world that I really do not have much to say about them at this point. The China FTA letter of intent this morning is supportive as well… Continue reading
FT reports that SGX, Banks Discuss Starting Asian Corporate-Bond Platform. http://www.ft.com/intl/cms/s/0/47a5051c-6d44-11e4-b125-00144feabdc0.html?siteedition=intl#axzz3JA117a8C The banks, asset mgrs include UBS, Schroders and Alliance Bernstein. My initial assessment is that it is bad for current investors and… Continue reading
