Category Archive: Rates/Bonds

SGD New Issue : CHINA COAL SOLUTION (SINGAPORE) PTE. LTD.

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CHINA COAL SOLUTION (SINGAPORE) PTE. LTD. SGD 2Y – New SGD 2yrs announced for China Coal Solution Pte. Ltd post successful roadshow in Singapore. Deal is strongly anchored. – Guarantor: CCS Supply Chain… Continue reading

SGD New Issue Review : Fraser Centrepoint Ltd Perp NC 5

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FRASERS CENTREPOINT LIMITED SGD SUBORDINATED PERP NC 5 – New Frasers Centrepoint Limited (FCL) SGD Perp announced – Deal is significantly anchored, potentially giving substantial holding to related parties – Initial price guidance:… Continue reading

SGD New Issue Review : Falcon Energy

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FALCON ENERGY GROUP: SGD 3NC2 ISSUE Issuer:   Falcon Energy Group Limited Series:  001 Status:  Direct, unconditional, unsubordinated and unsecured Notes Rating:  Unrated Format:    Reg S, S274 & S275 of Singapore SFA, issuance off… Continue reading

SGD New Issue Review : HDB 5Y 2.288%

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ISSUER: Housing and Development Board RATING: Unrated SERIES:61 FORMAT:  S274 & 275 and Reg S Bearer, Fixed Rate Notes (off Issuer’s S$32bn Multi-currency MTN Programme) STATUS:  Fixed Rate, Senior Unsecured ISSUE SIZE: S$500mm… Continue reading

China Focus : Chinese Lanterns Lighting Up The Night

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A short week for China coming in on Tuesday, unfazed by market action and the USDCNH holding its own against the mighty USD duck with the PBOC guiding the USDCNY fixing lower during… Continue reading

International Focus : Australia, The Unloved

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I have a theory. The AUDUSD can rise beyond reasonable expectations for prolonged periods but declines are sharp and fast because folks(hedge funds etc) cannot afford the negative carry of shorting the AUD… Continue reading

Bonds In Conversation : Scratching My Head on the12th of September

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It’s the day after 11th Sept and the 13th anniversary of the Sep 11 attacks. We are still alive and markets are doing well except for those who have been whipped about by… Continue reading

SGD New Issue Review : Viva ITrust 4Y 4.5%

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NEW ISSUE: VIVA ITRUST MTN PTE. LTD. 4-YR ISSUE – IPG 4.5% AREA** ISSUER:  Viva iTrust MTN Pte. Ltd. GUARANTOR: The Trust Company (Asia) Limited (in its capacity as                trustee of Viva Industrial… Continue reading

Who’s Afraid Of The Big Bad Fed ?

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Only the little folks it seems. I got an interesting chart from a friend this morning that suggests that the high yield bond ETF, HYG US, is leading the way for a lower… Continue reading

New CNH Bond Warning : Swiber 3Y CNH

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SWIBER HOLDINGS LIMITED OFFSHORE CNY 3-YEAR Issuer:  Swiber Holdings Limited Issuer / Issue Ratings: Unrated Status:  Fixed Rate, Senior Unsecured Notes Format: Reg S Bearer form off the S$1,000,000,000 Multicurrency                         Debt Issuance Programme… Continue reading