Category Archive: Rates/Bonds

SGD New Issue Review : CORDLIFE GROUP LIMITED 3Y 5%

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***NEW ISSUE: CORDLIFE GROUP LIMITED 3-YR SGD SENIOR UNSECURED BOND*** Issuer:  Cordlife Group Limited Series:  001 Issue Rating:  Unrated Status: Direct, unconditional, unsubordinated and unsecured Notes Issue Size:  TBD Distribution:  As per Information… Continue reading →

New CoCo Issue Alert : BANK OF CHINA AT1 PREFERENCE SHARES USD 6.875-7%

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ISSUER:   Bank of China Limited (3988.HK /601988.CH) (the “Bank”) ISSUER RATINGS:  A1 (stable) Moody’s / A (stable) S&P / A (stable) Fitch EXPECTED ISSUE RATINGS:  Ba2 (Moody’s) / BB- (S&P) ISSUE:    Basel-III Compliant… Continue reading →

SGD New Issue Review : Ausgroup Limited 2Y 7.5%

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ISSUER: AusGroup Limited SERIES:  001 STATUS: Direct, unconditional, unsubordinated and  unsecured Notes RATING: Unrated FORMAT: Reg S, S274 & 275 of SFA, issuance off  S$350 Million  Multicurrency Debt Issuance  Programme ISSUE SIZE:  TBD… Continue reading →

CHINA FOCUS : Doing Their Own Thing As A New Global Leader

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China came  back strongly on Wednesday, her equity markets logging in gains to close the week up and for the CNH to close the gap against the CNY, strengthening, of course, as the… Continue reading →

Australia Focus : Chinese Kangaroo Stew

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Back when I was in Perth, a friend from China told me that his uncle liked to stop by dead kangaroos on the road to pick a nice juicy tail for stew and… Continue reading →

Bonds In Conversation : This Time It’s Different

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We all knew this week was going to be a hairy hair raising one, markets highly indecisive or rather, confused, by all the central bankers and their speeches that saw equities fall then… Continue reading →

SGD New Issue : City Developments

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** CITY DEVELOPMENTS SGD 10YR – New SGD 10YR transaction at final price guidance of 3.78% (the number) announced for City Developments and on the back of significant real-money institutional investor interest. –… Continue reading →

SGD New Issue Review : Chip Eng Seng 4.5% 3Y

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CHIP ENG SENG CORPORATION LTD. SGD 3Y – New Chip Eng Seng SGD 3yrs announced with strong IOIs received post SG roadshow – Initial price guidance: 4.50% area – Issue size: TBD –… Continue reading →

SGD New Issue Review : United Energy 2Y 7%

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*** NEW ISSUE: UNITED ENERGY GROUP SGD 2YR – IPG 7.0% AREA *** Issuer:  United Energy Financing (Bermuda) Limited Guarantor:  United Energy Group Limited Series:  001 Status: Direct, unconditional, unsubordinated and unsecured Notes… Continue reading →

SGD New Issue Review : Swissco 3.5 Years 6%

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Swissco to Sell SGD 3.5Y Bonds Oct. 8 (Bloomberg) — May price today. • Issuer: Swissco Holdings Ltd. • Not rated • Expected issue size: S$80m – S$100m Market Cap : SGD 678… Continue reading →