Tag Archive: SINGAPORE BOND MARKET

SGD New Issue Review : Ascott Residence Trust Perp NC5 5%

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May price today. Issuer: DBS Trustee Ltd., in its capacity as trustee of Ascott Residence Trust Issue: SGD Subordinated Perpetual Securities Issuer rating: Baa3/–/– Unrated, Reg S Call option: 2020 & on every… Continue reading

Turning the Summer Heat up on Junk Bonds

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21st June is this year’s summer solstice, marking the turn of the seasons, as the heat is turned up for the Northern hemisphere. Markets around the world remain gripped in the Greek saga… Continue reading

SINGAPORE RATES WEEKLY : HANGING ON FOR THE FOMC

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US Libor 1M 0.18475 3M 0.28605 6M 0.4484 Economic News and Releases : April Retail Sales +0.8% MoM, expected +1.2% April Retail Sales +5% YoY, expected +5.4% April Retail Sales Ex Auto YoY… Continue reading

BONDS IN CONVERSATION : A PAUSE AND THE NEXT STOP

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After last week’s mayhem, investors are breathing a sigh of relief that we are ending this week on a nice pause to the selling with sovereign yields all off their highs and signs… Continue reading

SGD NEW ISSUE REVIEW : BPCE 10.5NC5.5 SGD TIER2

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NEW BPCE 10.5NC5.5 SGD TIER 2 – New 10.5NC5.5 SGD T2 announced at the back strong reverse/IOI – Expected issue ratings: Baa3/BBB/A- (M/S/F) – Price guidance @ 4.50% area – Size: TBD –… Continue reading

SINGAPORE RATES WEEKLY : 2 JUNE 2015

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US LIBOR 1M 0.184 3M 0.28375 6M 0.42465 We are seeing a significant drop in bank loans, down 1% from last month which is biggest drop we have had in years after ballooning… Continue reading

SGD New Issue Review : Banyan Tree 5Y 5%

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Issuer: Banyan Tree Holdings Ltd. Reg S, unrated CIMB, HSBC Last looked at them last year when they came for a 5 year bond at 5% exactly 1 year ago today on the… Continue reading

SGD NEW ISSUE REVIEW : CENTURY SUNSHINE 3YNC2 7.25%

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Issuer: Century Sunshine Group Holdings Guarantors: In accordance with program Reg S, not rated OCBC Century Sunshine Group Holdings Limited (509 HK) is involved in the business of research and development, production, and… Continue reading

Primary Credit Watch

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Global Logistic Properties Plans USD Bond Via Citi, DB, DBS Meetings in Singapore, HK and London from May 25. Reg S Expected ratings: Baa2/–/BBB+ JGCs: Citi, DB JBRs: Citi, DB, DBS Shui On… Continue reading

More SGD New Issues – HOTEL PROPERTIES LIMITED 6Y SGD and SOILBUILD BUSINESS SPACE REIT SGD 3Y

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*** HOTEL PROPERTIES LIMITED 6Y SGD – PRICED S$65MM AT 3.85% *** Issuer:                          Hotel Properties Limited Expected Issue Rating:     … Continue reading