Category Archive: Market

SGD NEW ISSUE REVIEW : ANZ TIER 2 12NC7

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ANZ BASEL 3 TIER II 12NC7 SGD – NEW 12nc7 SGD BASEL 3 TIER II ANNOUNCED – ISSUE RATINGS: A3/BBB+/A+ – INITIAL PRICE GUIDANCE: HIGH 3% – ISSUE SIZE: BENCHMARK – TIMING: AS… Continue reading →

China Focus : Preparing For Something Big

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It’s been a big week in China and Chinese equities are the best performers this week after the slew of reforms announced for their economy and financial markets. The main cheer came from… Continue reading →

Australia Focus : Not All Is Lost

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“Australia’s high-value services exports, led by tourism and education, have overtaken iron ore to become our biggest foreign exchange earners. Services exports now are worth more than coal and LNG combined.” http://www.smh.com.au/business/comment-and-analysis/iron-ore-no-longer-our-biggest-export-20150313-142za6.html#ixzz3UGC22twx The… Continue reading →

Bonds In Conversation : One Direction

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Yes, they were in town and I am sure most Singaporeans would have noticed that more than the fact that the USDSGD broke its 4 year high again this week beacuse I noticed… Continue reading →

BREKKIE BOND WRAP

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Daily Credit Wrap: INVESTMENT GRADE: Sentiment was generally firmer across Asian credit yesterday. IG spreads were about unchanged. We did hear of some profit-taking in outperforming BBB names, but it was easily absorbed… Continue reading →

SGD NEW ISSUE REVIEW : Q&M Dental Group 3Y 4.75%

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Issuer:  Q&M Dental Group (Singapore) Limited Issue Rating: Unrated Status: Senior, unsecured Distribution:  As per Information Memorandum, Singapore selling restrictions under Section 274/275 of  SFA Format/Docs:  Reg S Bearer / Issuer’s SGD200million Multicurrency… Continue reading →

Presenting The …. Brekkie Bond Wrap

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The first of our dailies which will be served with consistency (hopefully) if we find an appreciative audience. Serving up our first Brekkie Bond market Wrap, an overnight summary of market events and… Continue reading →

Singapore Interest Rates : Are the Waters Safe ?

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A quick glance at global 10 year bond yields and we note that Singapore has bucked the trend in the past 3 months. With SG yields towering over the US, which has not… Continue reading →

SGD NEW ISSUE: CWT Limited SGD 5YR 4.8%

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ISSUER:   CWT Limited RATINGS: Not Rated STATUS: Senior, Unsecured, Fixed Rate Notes ISSUE SIZE: TBD FORMAT/DOCS:  Reg S, S274 & 275 of SFA, issuance off Multicurrency Debt Issuance Programme INITIAL PRICE GUIDANCE:   4.8%… Continue reading →

USDSGD PANIC ATTACK

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USDSGD has, errr, apparently bursted out of its trading band if the home made computations are correct, causing the market to freak out. You see, the SGD is not meant to weaken so… Continue reading →