Category Archive: Market

SGD New Issue Review : Ping An 5.5Yrs SGD 4.375%

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*** NEW ISSUE: PING AN 5.5-Year SGD *** Issuer: Value Success International Limited. Guarantor: China Ping An Insurance Overseas (Holdings) Limited. Keepwell Provider: Ping An Insurance (Group) Company of China, Ltd. Status:  Senior,… Continue reading →

The Trades According To Greed – China and Ukraine

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Over coffee and chats on Viber, yes, I use Viber now because I can chat from my desktop using my phone number, I managed to glean a little of what is going through… Continue reading →

SGD New Issue Review : SMU 10Y SGD, finally

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*** NEW ISSUE: SINGAPORE MANAGEMENT UNIVERSITY SGD 10YR *** Issuer:  Singapore Management University Status:  Senior, Unsecured, Fixed Rate Expected Issue Rating: Aaa (Moody’s) Format: Reg S, S274 & 275 of Singapore SFA, issued… Continue reading →

YOLO Lost That Loving Feeling – AUD, NZD, CAD and the GBP

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The great commonwealth countries of Australia, Canada and New Zealand lie in the periphery of the G6 (which later included Canada to become G7) under grand dame UK. Australia, New Zealand and Canada,… Continue reading →

Trading Like YOLO

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YOLO to you. My smug son informed me YOLO stands for You Only Live Once, after a rapper Yolo MCSwaggin who rode the YOLO phrase to his success and popularity amongst the young.… Continue reading →

Ad Hoc Commentary – Europe to do quantitative easing into a fragmented financial market?

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Everyone is focused on the American Federal Reserve’s tapering, and too few are focused on the possibility of Europe embarking on quantitative easing (QE), i.e. printing money. The most important data point this… Continue reading →

Bonds In Conversation : Curling Away On Thin Ice

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A cursory scan through the news for the week made me relieved that I had not been paying too much attention to the markets and, instead choosing to do some stuff about the… Continue reading →

Ad Hoc Commentary – East Ukraine, the pride of Russia

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Now that Ukraine is going into civil war, the West should remember that Kiev is the first capital of Kievan Rus, the forerunner of the Russian Empire. Even Nina Khrushchev, the granddaughter of… Continue reading →

The Grip Of Paranoia, Libertarians and Insanity

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Market is talking about the suicide of a trader or salesperson in Hong Kong as was reported in the SCMP and Apple Daily. http://www.scmp.com/business/banking-finance/article/1430296/man-leaps-death-jp-morgans-headquarters-central The word is that he was just 33 and… Continue reading →

SGD New Issue Quick Review : Starhill Global REIT MTN SGD 7Y 3.5%

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ISSUER :   Starhill Global REIT MTN Pte. Ltd. GUARANTOR :   HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of Starhill Global Real Estate Investment Trust) STATUS : Direct, unconditional, unsubordinated… Continue reading →