Weekly Market Bash On the MCE expressway and you get to wondering why Lane 4 to the exit is suffering a single lane congestion, finding out as you dart opportunistically into Lane 5… Continue reading
2016 has been a great hunting year for some investors, taking advantage of one of the darkest periods in Singapore bond market history to pick up obscene bargains while others footed the price.… Continue reading
ISSUER: Mapletree Commercial Trust Treasury Company Pte. Ltd. GUARANTOR: DBS Trustee Limited (in its capacity as trustee of Mapletree Commercial Trust) STATUS: Direct, unconditional, unsubordinated, unsecured Notes ISSUER RATINGS: Baa1 / – /… Continue reading
Issuer: FCOT Treasury Pte. Ltd. Guarantor: British and Malayan Trustees Limited (in its capacity as trustee of FCOT) Expected Issue Rating: Baa2 (Moody’s) Status: Senior, unsecured Issue Size: TBD Format/Docs: Bearer / Issuer’s… Continue reading
The Basic Bond Seminar is not a Bond Basics Seminar, even if they are both BBS for short. The Tradehaven team has this idea for our first bond seminar of 2016, in time… Continue reading
It does look like the topic of Brexit is here to stay and England is the black swan that will join the ranks of the former great empires out of Spain, Rome, Greece,… Continue reading
Issuer: BPCE (BBG Ticker : BPCEGP) Status of Notes: Tier 2. Subordinated to Senior Obligations, senior to prêts participatifs, titres participatifs and any deeply subordinated obligations of the Issuer; Senior Obligations being all… Continue reading
**NEW ISSUE: HYFLUX LTD SGD SUBORDINATED PERP NC4 AT 6.00% (SUBJECT TO RESET/STEP-UP FROM AND INCLUDING 27 MAY 2020 AND EACH SUCCESSIVE DATE FALLING EVERY 4 YEARS THEREAFTER) ** ISSUER: Hyflux Ltd (“Issuer”)… Continue reading
Issuer: Manulife Financial Corporation (MFC) Instrument: Dated Subordinated (Tier 2) Callable Fixed-to-Fixed Rate Notes Status of Notes: Direct, unsecured and subordinated indebtedness of the Issuer, ranking equally and rateably with all other subordinated… Continue reading
Happy Horrors for Halloween – Singapore Corporate Bonds Have Outperformed
by tradehavenphoto courtesy of Ms Su Tan, in Japan *October comes to a roaring ending with a new high in stocks and a new en bloc as each week passes. * With… Continue reading →