BONDS IN CONVERSATION : SEEING STARS
It seems that Greece has 4 more days but they keep saying that anyway as the ECB continues to pump emergency funds into the country and we know that missing their IMF repayment… Continue reading
Tag Archive: EZRA 8.75% PERPTUAL
SGD New Issue Review : Ezion 7+% Perpetual
NEW ISSUE: EZION HOLDINGS LIMITED SGD SUBORDINATED PERP-NC-4Y Issuer: Ezion Holdings Limited Issue: SGD Subordinated Perpetual Securities Ratings: Unrated Format: Registered form, Regulation S only and S274/275 of SFA, issuance off S$1.5 billion… Continue reading
SGD NEW ISSUE REVIEW : LOYZ 2.5Y 9%
LOYZ ENERGY LIMITED 2.5Y SGD Issuer: Loyz Energy Limited Rating: Unrated Status: Senior, unsecured Relevant DSRA: Applicable Issue Size: TBD Format/Docs: Reg S Bearer / Issuer’s SGD 250 million Multicurrency Medium Term Note… Continue reading
Bonds In Conversation : Sorry America And Thank You.
What does one expect to gain by saying this ? “I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the… Continue reading
Bonds In Conversation : Rejoice, Revel & Reap The ShutDown
Caveat emptor : Non Americans only The shut down has been good for the rest of the world. Equities and credit markets are holding more than steady. Bonds are outperforming, even high yields… Continue reading
Bonds In Conversation : Fed With A Heart For How Long ?
“America’s companies, from Apple Inc. (AAPL) to Verizon Communications Inc., are saving about $700 billion in interest payments with the Federal Reserve’s unprecedented stimulus.” http://www.bloomberg.com/news/2013-09-17/bernanke-saves-companies-700-billion-as-apple-to-verizon-borrow.html We have not counted what the rest of… Continue reading
Shippers Strike Back But Their Bonds Still Adrift : Ezra 5% 09/2015
Sept. 11 (Bloomberg) — Shipping rates extended gains to the highest since 2011 as Chinese steel mills replenish iron ore stockpiles amid record output. The Baltic Dry Index, a benchmark for costs to… Continue reading
Bonds In Conversation : Survival of The Fittest
Largest Bond Deal Ever In History Verizon (Baa1/BBB+/A-) Sells $49b in 8-Part Offering, Largest Bond Deal Ever Verizon’s deal tops Apple’s 6-part, $17b offering. $4.25b 3Y fixed sold at+165bps $2.25 3Y FRN sold… Continue reading
Bonds In Conversation : When It Rains, It Floods
I have floods on my mind though I have not mustered the courage to step foot outside yet for the entire day. The 10Y US treasury note suffered a nasty tumble yesterday, led… Continue reading