Bonds In Conversation : Lightning Strikes Twice
I was going to start with snitching about Brokeback Mountain (ban ! ban ! ban !) to cap this action packed week that has come to a gruesome end when news broke of… Continue reading
Tag Archive: SINGAPORE BONDS
SGD New Issue Review : HDB 10Y 3.10%
NEW ISSUE – HOUSING DEVELOPMENT BOARD 10Y SGD @ 3.10% ISSUER: Housing and Development Board RATING: Unrated SERIES: 60 FORMAT: S274 & 275 and Reg S Bearer, Fixed Rate Notes (off Issuer’s S$32bn… Continue reading
Bond Market Developments : More Good News
We have been unhappy with the state of the SGD bonds OTC markets for a while now as we noted in May when an investor submitted some market feedback to the ST forum… Continue reading
Bonds In Conversation : Happy Utopia Born on the 4th of July
Amazing numbers from America to mark a happy 4th of July for the markets around world – stock markets, mostly. The highly anticipated US Non Farm Payrolls last night smashed new lows in… Continue reading
SGD New Issue Review : Singhaiyi Group 2.5Y SGD Bond
NEW ISSUE: SINGHAIYI GROUP SGD 2.5Y Issuer: SingHaiyi Group Ltd. Status: Senior, unsecured Rating: Unrated Format: Reg S, Bearer, S274 & 275 of Singapore SFA, issued off the SGD500m Multicurrency Debt Issuance Programme… Continue reading
Bonds In Conversation : How Low Is Low ? Taking Equilibrium For Granted
When you read that 7 year German yields are at 0.70%, you start to appreciate Singapore interest rates a little more. It happened before in 1H last year when German yields were tested… Continue reading
Bonds In Conversation : We, Not Stupid In Summertime
I end the week with a somewhat fractured view and a profound sense of realisation of the role of the retail investor in bond space. The retail segment is not as fragmented as… Continue reading
New Issues Review : Noble USD Perp and Koh Brothers SGD
NEW ISSUE: NOBLE US$ REGS PerpNC5 | IPG: 6.000% AREA NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE… Continue reading
Very Vague On SGD Perpetuals …. To Worry Or Not After Noble Perp?
An alarming development today which may have escaped some investors who are not concerned that Noble’s 8.5% USD perpetual has crashed in price terms. This is apparently due to an option used by… Continue reading
2012 – A Golden Year For SGD Bonds. What’s Next ?
2012 was a golden year for SGD corporate bonds, setting many records that have not been broken since. 1. Total corporate bonds issued SGD 31 bio. 2. The largest ever corporate issue –… Continue reading