Category Archive: Rates/Bonds

SGD Rates & Bonds Weekly

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Economic News Mar Industrial Production +6.2% MoM vs expected +7.1% Mar Industrial Production -4.1% YoY vs expected -3% 1Q Unemployment Rate 1.9% unchanged IRS Deal pricings kept the market busy not trading, exacerbated… Continue reading

New Issue Review : Trikomsel SGD 3Y

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Issuer:                           Trikomsel Pte. Ltd. Guarantor:                    PT Trikomsel Oke Tbk Structure:                      Fixed Rate Senior Unsecured Notes Issuer/Guarantor/Issue rating: Unrated Tenor:                         3 years tk Issue Size:                    TBD Initial Guidance:            Mid to high 5% Change of… Continue reading

STI Historic High, Bonds Historic Lows

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April 29 (Bloomberg) — Benchmark 10-yr note yield falls to 1.357% as of 9:56am in Singapore. • It compares with close at 1.401% on April 26 and is poised for lowest close since… Continue reading

Bonds In Conversation : Blind Sided Rally

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The rally goes on as high yields trade at investment grade levels and investment grades trade at almost no risk premium and Japan explores a “third arrow“. It appears to be all hanging… Continue reading

Do We Really Care About Inflation ? Mad March Hare Edition

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I have concluded that my IQ cannot be too high. FT : People who like ‘curly fries’ having higher IQs – Facebook I cannot rejoice when countries are going bankrupt and bring myself… Continue reading

New Issue Review : Wing Tai Holdings Limited SGD 10Y

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Sounding out at 4.35% cpn for 10Y. This company has come a long, long way from the time when I was involved in pricing their bonds. They disappeared from the issuance radar, wisely, for 4… Continue reading

Hey Singapore, Have You Thought Of This ? … And CDL New Issue Review

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Qatari Emir Buys Six Greek Islands For $11 Million Read more: http://www.businessinsider.com/qatari-emir-buys-six-greek-islands-for-11-million-2013-3#ixzz2Md4e1dCw Cheap and good solution to our housing problem. Build retirement villages there ! City Development Limited 5Y 2.45%.  How uninteresting till… Continue reading

Bond Revolution In Singapore – Lesson 4 : Retail Bonds In Singapore

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There are very few avenues to buy bonds, it seems. Not unless you have a quarter million at hand that makes it easier for banks which does away with the need for a… Continue reading