Easter Forex : The Immaculate Ending

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The end of the first quarter and my, so much has happened and whilst I do not make it a point to make personal comments about political or quasi political matters, I must… Continue reading

SGD RATES WEEKLY : SOR WHAT ABOUT THE MINI BOND AUCTION ?

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LIBOR RATES 1M 0.178 3M 0.2754 6M 0.4049 SIBOR has been breaking their 6 year highs daily as SOR eased off on the week as the SGD dollar stabilised in the NEER basket.… Continue reading

Lifestyle : Unmistakably Rioja

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The La Rioja Alta “904” 2004 proved to be one of the crowd favourites at a recent Spanish wine dinner I hosted. This is one of the best examples of an utterly delicious… Continue reading

SGD NEW ISSUE REVIEW : FRASER CENTREPOINT TRUST 4Y 3%

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NEW ISSUE – FRASERS CENTREPOINT TRUST 4Y SGD Issuer:  FCT MTN Pte. Ltd. Guarantor: HSBC Institutional Trust Services (Singapore)                                   Limited (in its capacity as trustee of Frasers   Centrepoint Trust) Expected Issue Rating:      BBB+… Continue reading

Ad Hoc Commentary – Sisi is real, Isis just distraction.

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The Middle East is moving further into the darkness of war. The Middle East should learn more from China’s Xi Jinping who seems to be the only one that understands that development is… Continue reading

USD New Issue Review : GRAND CHINA AIR (HK) 2Y 5.75%

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NEW ISSUE: GRAND CHINA AIR (HK) LIMITED – US$ 2 YR ISSUE Issuer:  Grand China Air (Hong Kong) Limited Guarantors:  Grand China Air Co., Ltd. and Hainan Airlines Co., Ltd. Status:  Senior Unsecured… Continue reading

SGD NEW ISSUE REVIEW : Hotel Properties Limited 5Y 3.88%

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** NEW ISSUE: HOTEL PROPERTIES LIMITED SGD 5Y-FINAL GUIDANCE 3.88%  ** ISSUER:  Hotel Properties Limited ISSUER / ISSUE RATING:  Unrated STATUS:   Direct, unconditional, unsubordinated and unsecured Notes FORMAT/DOCS: Bearer / Issuer’s SGD800 million… Continue reading

More Details On The New Singapore Savings Bonds

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30 March 2015…The Monetary Authority of Singapore (MAS) today provided more information on the features of Singapore Savings Bonds. This followed Senior Minister of State Mrs Josephine Teo’s announcement that the Government and… Continue reading

Bond Focus : Trade, Not Invest, In Deflation

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This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** A solemn week with a unique experience of national solidarity with fellow citizens,… Continue reading

SGD New Issue Review – Ascendas Hospitality Trust 5Y 3.5%

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ASCENDAS HOSPITALITY TRUST 5Y SGD – PX GUIDANCE @ 3.5%AREA Issuer of A-HBT Notes:  Ascendas Hospitality Trust Management Pte. Ltd. (in its capacity as trustee-manager of Ascendas Hospitality Business Trust (A-HBT)) Issuer of… Continue reading