SINGAPORE RATES WEEKLY : CONSOR-LIDATING

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Economic Data Mar Retail Sales +1.1% MoM Mar Retail Sales +2.1% YoY versus expectations of +3.3% Mar Retail Sales Ex Auto -3.2% YoY Apr Non Oil Domestic Exports +2.2% YoY versus expectations -5%… Continue reading

SGD New Issue Review : Starhill Global Reit 8Y 3.4%

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**NEW ISSUE: STARHILL GLOBAL REIT MTN PTE LTD SGD 8YR – PRICE GUIDANCE** ISSUER:   Starhill Global REIT MTN Pte. Ltd. Guarantor: HSBC Institutional Trust Services (Singapore) Limited (in its capacity as trustee of… Continue reading

Primary Credit Watch

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ASIA RECAP ICBC sells $500m 5Y notes at +120bps, IPT +145 area China Aoyuan sells $250m 3Y bonds at 10.875%, IPT 11.625% area Hsin Chong prices $50m tap of 8.75% 2018 bonds at… Continue reading

Risk Free Assets – To Bond Or Not To Bond ?

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This post was written for www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** Cannot keep up with what is happening in the sovereign bond markets ? You… Continue reading

Singapore Equity: OLS Enterprise

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Quick update to the portfolio, no major changes since the last update besides Ho Bee and Overseas Education both going ex-dividend: A friend highlighted the following penny stock to me and I felt… Continue reading

CHINA IN FOCUS : INCH-ing Ahead

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Prime Minister Modi traveled to China this week and became the first foreign leader President Xi has ever hosted in his hometown of Xi’an. This all comes at a time when both countries… Continue reading

Australia Focus : Relatively Meh

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First, I would like to thank my friend The Dark Knight for his amazing spot on AUDUSD call on Monday for the weekly high in the AUDUSD was 0.8164 against his call for… Continue reading

Bonds In Conversation : Missing The Flowers For The Benches

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I took a break yesterday because the best friend is in town and went down the Gardens By The Bay for my first visit. The plants and flowers were great but I was… Continue reading

The Discerning Lush : Only Opus One

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This week, being a bit of a Napa noob, I was thrilled to have been extended an invitation to attend an Opus One mini vertical at the Dynasty Club organised by Joseph Luk… Continue reading

More SGD New Issues – HOTEL PROPERTIES LIMITED 6Y SGD and SOILBUILD BUSINESS SPACE REIT SGD 3Y

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*** HOTEL PROPERTIES LIMITED 6Y SGD – PRICED S$65MM AT 3.85% *** Issuer:                          Hotel Properties Limited Expected Issue Rating:     … Continue reading