Plenty of time, I had, to practise iPhone photography, ponder on the nation’s traffic woes and think about markets this morning. Yes, it was the usual Causeway jam (into Singapore). The jam on… Continue reading
Let me congratulate everyone who has re-fixed their loans voluntarily or involuntarily from SOR because ….. since the clean up and the fool proof fixing methodology deployed, we have enjoyed no trading for… Continue reading
Courtesy of a very generous contributor and market price maker. Some switch ideas for the SGD corporate bonds in your portfolio. BUY Sembcorp Perpetual Unrated 5% callable 08/2018 at yield to call 4.06%… Continue reading
TA CORPORATION SGD 2.5-YR SENIOR UNSECURED – PX GUIDANCE Issuer : TA Corporation Ltd. Status: Senior, unsecured Rating: Unrated Issue Size: TBD Distribution: As per Information Memorandum, primarily Singapore selling restrictions Under Section… Continue reading
And so Greece returns to the bond markets as we have had a busy week of IPOs and issuances. Lebanon 5Y, Pakistan 5Y and 10Y, Sri Lanka 5Y and I suspect you could… Continue reading
NEW ISSUE: GALLANT VENTUR SGD 2YR – New Gallant Venture SGD 2yr announced on the back of strong reverse inquiries – Initial Price Guidance: low 6s Credit Highlights: – Supportive sponsors – Salim… Continue reading
It is amusing to read that even analysts are saying that nobody is paying attention to data and Fed speak in the past week. That is because the market was just concentrating on… Continue reading
ISSUER: Oversea-Chinese Banking Corporation Limited (“OCBC”) ISSUER RATINGS (M/S/F): Aa1 / AA-/ AA- EXPECTED ISSUE RATINGS (M/S/F): [A2] / [BBB+] / [A+] SECURITY DESCRIPTION: Basel III compliant Tier 2 Subordinated Notes FORMAT: 144A/Reg… Continue reading
Stimulatory talks this week after a glorious month end lending more optimism and cheer to markets across. Fed – Yellen more dovish than market expectations http://money.cnn.com/2014/03/31/news/economy/janet-yellen-raise/index.html PBoC – mini stimulus unveiled for small… Continue reading
After Vallianz’s success, Swiber rushes out to borrow. SWIBER SGD 2.5 YR ISSUE Issuer: Swiber Holdings Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of… Continue reading