New Issue Review : Ezion SGD 7YNC3 5%
**Ezion SGD 7NC4 – New Ezion 7NC4 announced – Initial price guidance @ 5% area – Step-up of 2% if not called on the first call date (4yrs later) – UOP: to fund… Continue reading
Category Archive: Market
Olam Bonds Updated
With reference to Olam’s USD 7.5% 2020 paper, I see an announcement on the Change of Control put. There is another announcement on the USD convertible bonds too. No new developments on the… Continue reading
New Issue Review : Heeton Holdings 3Y 6%
HEETON HOLDINGS LIMITED 3YR SGD – New Heeton SGD 3yrs announced at the back of reverse enquiry – IPG at 6% area Comparable Bonds Heeton 5.6 2015 @ 100.375, 5.30% TA Corp 5.25… Continue reading
Strategy : Bonds For Secular Stagnation
Secular stagnation is the “New Neutral“. Larry Summers was definitely no sour grapes when he brought up the secular stagnation issue last Dec shortly after he pulled out of the Fed chair race… Continue reading
Bonds In Conversation : It’s All About Debt
The vision for the world is the “New Neutral” a.k.a. Secular Stagnation. I envisage this as a time where there is more money than assets left to buy, companies are being privatised via… Continue reading
Market View – Feeding Out Of Yellen’s Hands
I do not really bother about all those editorials we read about America losing her political clout on planet Earth. Bernie’s analogy of the Romance of the 3 Kingdoms in his Ad Hoc… Continue reading
Ad Hoc Commentary – China Russia reach historic gas deal, Europe should be fearful
“…A $400-billion deal for a 30-year supply of natural gas has been negotiated for nearly a decade, with Russia hesitant to concede a lower price for China than its European customers, the New… Continue reading
Bond Revolution in Singapore – Lesson 9 : Handling A Crisis
Let’s face it. By the time the man on the street knows there is a market crisis, we would be well into it already. This is perhaps one of the more relevant posts… Continue reading
Ad Hoc Commentary – the European elections
The most important elections from the capital flight standpoint is the European elections that runs from May 22 to May 25, 2014. Election results will trickle in from Sun night itself. The recent… Continue reading
Help, My Son Likes School – Hestitant Skeptics
byThere are events in life that arise to challenge the skeptic in us, ever quite frequently, if we look hard enough. It is like my realisation that my son likes going to school… Continue reading →