International Focus : Australia and China
Wrong footed Australia would have to wait for another day for the AUD dollar to show any sign of weakening. Longs are building in the AUD position and the last time the market… Continue reading
Category Archive: Rates/Bonds
Bonds In Conversation : A Classic Conundrum And Unnoticed Trends
Mankind’s constant struggle with the environment transposed to markets and a conundrum – if the central banks keep saying things are so bad, then why are stock markets at record highs ? Table… Continue reading
Equity Thursday : Systemically Importance Institutions Are Good
I really do not have too much to say about the state of equity markets right now floating in the whimsical highs of cloud number 9 which coincidentally is the month of September… Continue reading
Bond Market Update : China Banks’ Capital Drive
They have hit the street with Basel 3 compliant subs and the supply will continue with Basel 3 perps. Chinese banks are on a mission to boost their capital ratios. 3 weeks ago.… Continue reading
SGD NEW ISSUE REVIEW : JURONG SHIPYARD 7Y AND 15Y
JURONG SHIPYARD PTE LTD(GUAR BY SEMBCORP MARINE LTD) SGD 7 & 15 Y Issuer: Jurong Shipyard Pte Ltd Guarantor: Sembcorp Marine Ltd Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg… Continue reading
Bond Market Development – SGD Retail Bonds, At Last (Updated)
Here goes… the proposal for seasoning retail bonds is out, timed perfectly with the “opt in” accredited investor scheme that is being formulated right now, that is most likely to be passed by… Continue reading
International Focus : Australia and China
It is difficult to write anything sensible these days with market views in turmoil, economic numbers pretty much meaningless and the fate of the world hanging on expectations of stimulus out of the… Continue reading
Bonds In Conversation : What Can I Say ? Ice Bucket Challenge !
Stunned into silence in a remarkably surreal week that set some new records to rewire our mindsets. First the Dow and the S&P records highs were expected but what was not is that… Continue reading
SGD New Issue Review : Mapletree Greater China Commerical Trust 7Y
MAPLETREE GREATER CHINA COMMERCIAL TRUST SGD 7YR – New Mapletree Greater China Commerical Trust SGD 7yrs announced – Expected issue rating: Baa1 (Moody’s) – Initial price guidance: 3.30% area – Timing: This week’s… Continue reading
SGD New Issue Review : Lend Lease 7Y (Secured on JEM)
**LEND LEASE RETAIL INVESTMENTS 3 PTE. LTD. SGD 7Y SNR SECURED-IPG** ISSUER: Lend Lease Retail Investments 3 Pte. Ltd. GUARANTOR: Lend Lease Commercial Investments Pte. Ltd. STATUS: Direct, unconditional, unsubordinated and secured Notes… Continue reading