Category Archive: Market

New SGD Issue : GOODPACK LIMITED SGD 5Y 4.25%

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– NEW SGD 5-YEAR ANNOUNCED ON THE BACK OF STRONG INSTITUTIONAL REVERSE INTEREST – INITIAL PRICE GUIDANCE : 4.250% AREA – ISSUE SIZE: TBD – PB REBATE: x – TIMING: AS EARLY AS… Continue reading →

Street Chatter – Thailand

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In the past 2 hours, we saw some majorly big moves yet the only data that came out was the German IFO and UK GDP. The IFO beat at 110.1 for Jul vs… Continue reading →

Bonds In Conversation : Bonds & Capital Preservation

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25 Jul Cost of Buying Credit Protection Asia Invt Grades  1.40-1.43% (+8) Korea 5yr               0.85-0.89%  (+5) China 5yr               1.08-1.12% (+8) Philippines  5yr    1.11-1.20% (+9) Thailand  5yr        1.06-1.16% (+12) Indonesia 5yr       2.04-2.14% (+10) Malaysia… Continue reading →

New SGD Issue Warning : Hankore Environment Tech Group Ltd (amended)

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July 25 (Bloomberg) — Person familiar with the matter says. Issuer: HanKore Environment Tech Group Ltd. Tenor: 2-yr Initial Price Guidance: 7.5% area Timing: Expected this week’s business, as early as today Sale… Continue reading →

Newsworthy Snips (Including bit on Tata Steel)

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Credit Default in Mongolia “According to Bloomberg news, Mongolia’s 5th largest bank – Savings Bank (SB) – was declared insolvent by the bank regulator, and the bank will be taken over by government-owned… Continue reading →

New SGD Issue : Tat Hong 5Y

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*** NEW ISSUE: TAT HONG HOLDINGS LTD SGD 5YR *** Issuer                 : Tat Hong Holdings Ltd (“TAT”) Status                 : Direct, unconditional, unsubordinated and unsecured Rating                : Unrated Format                : Reg S, S274 &… Continue reading →

To Diversify or Not ? Investing Strategy by Zico

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I love big words. But I have a problem remembering them. What Aggregate Asset Allocation ? What Risk Parity Portfolios ? My brain goes into a whirl and of course, the first reaction… Continue reading →

SGD Rates and Bonds Weekly

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Economic News Jun Non Oil Domestic Exports -8.8% YoY vs expected -5.8% Jun Non Oil Domestic Exports 3.2% MoM vs expected 2.4% Jun Electronics Exports -12.4% YoY vs expected -9.7% Jun CPI 1.8%… Continue reading →

New Issues : If Oxley & Aspial Can, So Can Banyan Tree

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With a heavy heart, I see Aspial re-opening. **ASPIAL CORP LTD SGD TAP: UPDATE #1** – Reopening of Aspial 5.00% Fixed Rate Notes Due 22 July 2016 (ISIN:SG57A6994608) – Tap announced at guidance… Continue reading →

Ad Hoc Commentary – last sucker rally for the goldbugs, stay away from equities till German elections

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Gold did well overnight, so did the JPY. It seems that after years of USD weakness, some still cannot accept that the USD will be king in the next two years. What we… Continue reading →