Category Archive: Rates/Bonds

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Bond Revolution in Singapore – Lesson 9 : Handling A Crisis

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Let’s face it. By the time the man on the street knows there is a market crisis, we would be well into it already. This is perhaps one of the more relevant posts… Continue reading →

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SGD New Issue Review : HDB 5Y 2.223% vs Deutsche Bank EUR/USD/GBP AT1

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NEW ISSUE – HOUSING DEVELOPMENT BOARD 5Y SGD @ 2.223% ISSUER:  Housing and Development Board RATING: Unrated SERIES: 59 FORMAT: S274 & 275 and Reg S Bearer, Fixed Rate Notes (off Issuer’s  S$22bn… Continue reading →

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SGD New Issue Review : Midas 2.5Y 6%

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NEW ISSUE: MIDAS HOLDINGS SGD 2.5Y – PRICE GUIDANCE @ 6% area Issuer:   Midas Holdings Limited Status: Senior, unsecured Rating: Unrated Format: Reg S, Bearer, S274 & 275 of Singapore SFA, issued off… Continue reading →

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Constructive Ideas For Singapore Markets : GLP and MLT

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Some readers may have noticed that I pulled the post on the idea of how some bonds could be issued more profitably for some than others. As it turned out, opinions were that… Continue reading →

Bonds In Conversation : Short Term Pain, Long Term Gain 3

Bonds In Conversation : Short Term Pain, Long Term Gain

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I met two chaps this week in my infrequent forays out from home and outside the school run routine, who both have substantial cash on the side. They are cashed up which sounds… Continue reading →

EZION REVERSE TENDER FOR EZION SGD 5.25% 05/2015 NOTES

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Ezion Holdings Limited (the “Company”) has mandated DBS Bank Ltd. as sole bookrunner and dealer manager for a proposed (i) SGD denominated offering out of the Company’s SGD 1.5 billion Multicurrency Debt Issuance… Continue reading →

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SGD New Issue Reviews : Central China Real Estate 3Y and Vallianz 2.5Y

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CENTRAL CHINA REAL ESTATE (CCRE) – SGD REG S 3YR NOTES *** ISSUER: Central China Real Estate Limited (the “Company”) ISSUE: Senior notes (the “Notes”) SUBSIDIARY GUARANTORS:     Certain of the Company’s Restricted Subsidiaries… Continue reading →

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SGD New Issue Review : UOB Tier 2 SGD 12Y NC 6

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UOB S$ BASEL III COMPLIANT 12NC6 TIER 2 ** NEW SGD 12-NONCALL-6 TIER 2 TRANSACTION ANNOUNCED ** PRICE GUIDANCE: 3.75% AREA ** EXPECTED ISSUE RATINGS: A2 (S&P) / A+ (Fitch) ** ISSUE SIZE:… Continue reading →

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SINGAPORE BOND MARKET, LOOK NO FURTHER

SINGAPORE BOND MARKET, LOOK NO FURTHER

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Waking up to a photo message from one of my good friends captioned “LOL”. A Dr Chua Wee Meng in the ST forum, I assume because I do not read the papers, is… Continue reading →

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Bonds In Conversation : Fund Manager Says Roller Coasters Start Slow

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A bond portfolio manager told me that his analyst team who studies asset allocations and data series has detected red lights and sell risk indicators. Doesn’t this happen all the time ? Not… Continue reading →