Category Archive: Market

Reopening of SGD Bond Market?

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Over the last week, we possibly witnessed the signs of a first default in the SGD bond market post-Lehman. Trikomsel’s proposed debt restructuring will undoubtedly send some shivers down the spines of investors… Continue reading →

Ad Hoc Commentary – the boy who cried ‘debt ceiling’ wolf, beware those debt instruments

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“…Boehner was elevated to the speakership thanks to the power of tea party candidates in 2010 and then limited by what he could accomplish because of them. The conservative bloc of lawmakers consistently… Continue reading →

Weekend Wondering: Mentors, Corporate Bonds and Returns

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DISCLAIMER: the following does not constitute investment advice, the information is provided on best-effort basis and the author is not liable for accuracy of the information presented There are few simple yet important… Continue reading →

Ad Hoc Commentary – Syria escalating into a Russia-US proxy war

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“…The most likely outcome from American assistance to rebels is Putin using it as a public relations campaign against America’s destabilizing actions, and to wage a proxy war. Syria will hold the balance… Continue reading →

Ad Hoc Commentary – Has the world reached its credit limit? No. The SPX looks like a good buy.

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Today yours truly listened to a cogent presentation postulating that the world had reached its credit limit. Let us quote George Soros who was humbled by a similar prediction he made years ago:… Continue reading →

Australia Focus : Crush and Crushed, Wallabies and Kangaroos

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I admit, I am not the sports fan to sit patiently through a televised game but I do like to follow the headlines and so we Australia keeping their hopes alive for winning… Continue reading →

BONDS IN CONVERSATION : PREPARE TO BE UNPREPARED

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Happy SG50, Folks ! My web developers must have timed their delay perfectly to launch the new site tomorrow on NATIONAL DAY (or so they promise) and I apologise for the sporadic posts… Continue reading →

FX Thoughts : USDJPY and Unhappy Whisky Drinkers

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We have the US Non Farm Payrolls tonight and raining on this SG50 public holiday when admissions to numerous public attractions are free which is a shame. Thus the best thing to do… Continue reading →

PRIMARY CREDIT WATCH

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YESTERDAY’S DEALS KDB Gets >CNH2.4b Orders for CNH1.2b 3Y Bonds KDB (Aa3/AA-)  sells bonds at 4.10%. Order book >CNH2.4b with 55 orders By region Taiwan 47% Rest of Asia 49% Europe 4% By… Continue reading →

SG50 SPECIAL : SINGAPORE TAKES ON ETFS, FOR BETTER OR WORSE ?

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Sometime in March, the MAS announced three broad initiatives for individual investors. The new rule is that SGX ETFs that make limited use of derivatives can be traded by the public. Where were… Continue reading →