I learnt a new word today. A Volcanado, which has yet to find its way into the dictionary, because it is a new concept of a tornado caused by a volcanic eruption. http://www.slate.com/blogs/bad_astronomy.html… Continue reading
FALCON ENERGY GROUP: SGD 3NC2 ISSUE Issuer: Falcon Energy Group Limited Series: 001 Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & S275 of Singapore SFA, issuance off… Continue reading
ISSUER: Housing and Development Board RATING: Unrated SERIES:61 FORMAT: S274 & 275 and Reg S Bearer, Fixed Rate Notes (off Issuer’s S$32bn Multi-currency MTN Programme) STATUS: Fixed Rate, Senior Unsecured ISSUE SIZE: S$500mm… Continue reading
Welcome to the EM round up. It happens once or maybe twice a year. This year, it started on the first day of January but soon erased losses into February, not without weakening… Continue reading
A short week for China coming in on Tuesday, unfazed by market action and the USDCNH holding its own against the mighty USD duck with the PBOC guiding the USDCNY fixing lower during… Continue reading
I have a theory. The AUDUSD can rise beyond reasonable expectations for prolonged periods but declines are sharp and fast because folks(hedge funds etc) cannot afford the negative carry of shorting the AUD… Continue reading
It’s the day after 11th Sept and the 13th anniversary of the Sep 11 attacks. We are still alive and markets are doing well except for those who have been whipped about by… Continue reading
NEW ISSUE: VIVA ITRUST MTN PTE. LTD. 4-YR ISSUE – IPG 4.5% AREA** ISSUER: Viva iTrust MTN Pte. Ltd. GUARANTOR: The Trust Company (Asia) Limited (in its capacity as trustee of Viva Industrial… Continue reading
We have been hearing about low vols and more low vols since June but there was nothing we could do about it. And now I am hearing that JP Morgan’s fund is up… Continue reading
Only the little folks it seems. I got an interesting chart from a friend this morning that suggests that the high yield bond ETF, HYG US, is leading the way for a lower… Continue reading