Singapore Interest Rates : Are the Waters Safe ?
A quick glance at global 10 year bond yields and we note that Singapore has bucked the trend in the past 3 months. With SG yields towering over the US, which has not… Continue reading
SGD NEW ISSUE: CWT Limited SGD 5YR 4.8%
ISSUER: CWT Limited RATINGS: Not Rated STATUS: Senior, Unsecured, Fixed Rate Notes ISSUE SIZE: TBD FORMAT/DOCS: Reg S, S274 & 275 of SFA, issuance off Multicurrency Debt Issuance Programme INITIAL PRICE GUIDANCE: 4.8%… Continue reading
USDSGD PANIC ATTACK
USDSGD has, errr, apparently bursted out of its trading band if the home made computations are correct, causing the market to freak out. You see, the SGD is not meant to weaken so… Continue reading
Equity Focus : Serving Up The CLSA Feng Shui Index And Apple
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** For the old faithfuls like myself, the CLSA Fengshui Index for the HSI… Continue reading
SGD NEW ISSUE REVIEW : PERENNIAL REAL ESTATE HOLDINGS LIMITED SGD 3YR (UPDATED)
Issuer : Perennial Treasury Pte. Ltd. Guarantor: Perennial Real Estate Holdings Limited Issuer Rating : Unrated Status : Senior Unsecured Issue Size : Benchmark Format :Bearer, Regulation S only and S274/275 of SFA,… Continue reading
China Focus : A First Time For Everything
I am struck that this is the first time that markets are confronted with the actual prospect of China slowing and their surprise rate cut last weekend is also seen as result of… Continue reading
Australia Focus : More Than The Iron Man
Iron Ore at 6 year lows but only the media is freaking out at under $ 60 a ton, lowest since daily record keeping began in 2009. http://www.smh.com.au/business/mining-and-resources/iron-ore-carnage-west-australian-mines-could-close-by-july-20150306-13x1ix.html It is all about China… Continue reading
Bonds In Conversation : Holi Holly Holy
HAPPY HOLI, festival of colours and Spring after the smallest full moon of 2015 last night. For me ,it’s a reminder of Neil Diamond’s Holly Holy (youtube link), which was not my favourite… Continue reading
Abe, Thank Mario – The Abenomics Success Story and the ECB
2 years into Abenomics and on the day of reckoning for the ECB Q€ ( I particularly like the way the market is using the € for the E to differentiate from the… Continue reading