New issues come out to prance and caper, While rates behave before the Taper. Croesus 4.6% 01/2017 is trading at 101 and Hyflux 5.75% perp sold off from 100.40 to 100.05 this morning.… Continue reading
Issuer: Hyflux Ltd. • Issue: SGD subordinated perpetual capital securities • Ratings: Unrated • Format: Regulation S only and S274/275 of SFA • Issue Size: TBD • Tenor: Perpetual NC3 • Ranking: Subordinated… Continue reading
*** NEW ISSUE: CROESUS RETAIL TRUST – SGD 3 YR ISSUE *** Issuer Croesus Retail Asset Management Pte. Ltd. ( in its capacity as trustee-manager of Croesus Retail Trust) Status: Senior, unsecured Rating: … Continue reading
No, it is not this photo of Tandoori chicken and what appears to be rice atop a pizza that is scaring me, basking in all its double carbs glory. Neither is it the… Continue reading
Definitely not raring to go for the first 2 trading days of markets in 2014. So much for a fresh start, we have a flat start instead. Not seeing much in terms of… Continue reading
A moment of silence. An ex colleague of mine had passed away 2 days ago. She was only 35 and succumbed to cancer. Perhaps it is not possible to attribute it to the… Continue reading
What a week it has been – riots in Singapore, Thailand going to the polls, China’s controversial new airzone and Korea seconding the claim with their airlines complying, USDJPY at a new… Continue reading
I have to declare I have not read a single bullish piece out on bonds for a while. There are reassuring pieces yet. Credit reports that serve to pacify, doing their best to… Continue reading
USD strength or USD weakness ? The USD fell against 18 of 21 major currencies since last Friday and the release of a better than expected non farm payrolls number. High beta currencies… Continue reading
I have been capitivated by this Freedom Ship which, alas, I will never get to board. http://www.freedomship.com/ http://www.zerohedge.com/news/2013-12-02/how-1-will-escape For those who have watched 2012, the movie staring what’s his name, the Serendipity chap,… Continue reading