NEW ISSUE – HOUSING DEVELOPMENT BOARD 12Y SGD 3.22% ISSUE: Housing and Development Board RATING: Unrated SERIES: 062 FORMAT: Reg S Bearer / Off the Issuer’s SGD32 billion Multicurrency Medium Term Note Programme… Continue reading
A friend was complaining to me about some prices that are not holding up to screen levels. Being a savvy investor, he checked the Bloomberg price before asking for a bid only to… Continue reading
NEW ISSUE: PROTELINDO FINANCE B.V. SGD 10 YR – INITIAL GUIDANCE 3.35% AREA ISSUER: Protelindo Finance B.V. GUARANTOR: Credit Guarantee and Investment Facility (“CGIF”), a trust fund of the Asian Development Bank GUARANTEE… Continue reading
I read with interest the predictions of Isaac Asimov on the year 2014 written back in 1964. http://www.huffingtonpost.com/2014/01/02/isaac-asimov-2014_n_4530785.html http://www.bbc.com/news/technology-27069716 He has been prescient to a flaw, foretelling of LCD screens, Skype, robots and… Continue reading
“Putin Said to Stun Advisers by Backing Corruption Crackdown” “…Putin chose the corruption crackdown policy over the other option presented by his economic team: the “mega-projects” program. That path would further enrich two… Continue reading
If you notice that your monthly instalments are getting a little higher, you are spot on the fact that 1 month SIBOR is at its highest levels in 4 years. Ok, we cannot… Continue reading
NOTICE : PLEASE LINK BACK TO THIS SITE IF YOU WANT TO USE THIS POST. NEW ISSUE: SEMBCORP SGD 7Y – New Sembcorp SGD 7yrs announced. Deal is anchored – Initial price… Continue reading
Aspial is paying up ! 2012 Jul Aspial 3 year 5.2% SGD 85 mio Sep Aspial 2 year 4.65% SGD 65 mio (matured) * coupons revised higher due to covenant breach last year… Continue reading
I am not sure when the Japanese will realise that IT IS NOT ALL ABOUT DEVALUATION and that QE will not work in Japan because the population is just too old to make… Continue reading
Australia is so dependent on the world that I really do not have much to say about them at this point. The China FTA letter of intent this morning is supportive as well… Continue reading