Daily Brekkie Bond Wrap
Investment Grade: Despite a firmer macro backdrop, Asian credit started the week on a weak tone, as lower commodity prices led by oil, weighed on sentiment. There was some selling in the low… Continue reading
Bond Focus : Forex Homework For Bond Investors
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** All this time in the markets and I never thought to look back… Continue reading
SGD New Issue Review : Centurion Corp 5Y 5%
CENTURION CORP – SGD 5YR ISSUER: Centurion Corporation Limited SERIES: 002 STATUS: Direct, unconditional, unsubordinated and unsecured Notes RATING: Unrated FORMAT: Reg S, S274 & 275 of SFA, issuance off S$500 Million Multicurrency… Continue reading
SGD NEW ISSUE REVIEW : ANZ TIER 2 12NC7
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
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
“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
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
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%
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
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