Bondsupermart

2022-04-19 15:30:36 The world’s largest semiconductor foundry tapped on the USD bond market and introduced a multi-tranche deal with expected issue ratings of AA- for all bonds: https://bit.ly/3vrmQW0 Open / Comment

2022-04-19 06:02:55 New Bond Issue:
MIRAE ASSET SECURITIES – USD 3YR
Issuer: Mirae Asset Securities Co., Ltd.
Initial Price Guidance: CT3 + 165 bps area (Est. 4.324%) Open / Comment

2022-04-18 15:31:03 In this week's Bond Market Monitor, Zhenro Properties defaulted on interest payments for two offshore bonds, and three more defaults on its dollar bonds are expected due to the Shanghai COVID-19 lockdown.

Plus, updates on the spread of 2-10-year UST yield curve widening since its inversion in April and more: https://bit.ly/3OnuABg Open / Comment

2022-04-16 05:01:23 While several Chinese builders missed deadlines for audited results, Country Garden gained market confidence with its submission by the due date: https://bit.ly/3OdKmOY Open / Comment

2022-04-15 15:01:26 Trafigura, one of the world's top oil and metals traders, recorded stellar results in 2021. Despite the chaos in the global commodity market, we remain positive on the group. Here’s why: https://bit.ly/3KJCnHe Open / Comment

2022-04-14 15:00:05 Can Chairman Sun Hongbin save Sunac from its liquidity crunch? Apart from acting as a guarantor himself, the founder also ramped up efforts to dispose assets and implement equity financing: https://bit.ly/3vkZscP Open / Comment

2022-04-13 15:30:41 The world's tenth largest bank introduced a new 10.25NC5.25 issue that has an attractive FPG of 3.95% compared other tier 2 notes of similar tenor: https://bit.ly/3vefg11 Open / Comment

2022-04-13 05:49:15 New Bond Issues:
1. SEMBCORP INDUSTRIES – SGD 7YR
Issuer: Sembcorp Financial Services Pte. Ltd.
Guarantor: Sembcorp Industries Ltd
Initial Price Guidance: 3.950% area

2. BANK OF EAST ASIA – USD 10NC5
Issuer: The Bank of East Asia, Limited
IPG: T + 260 bps area (Est. 5.289%)

3. CRÉDIT AGRICOLE – SGD 10.25NC5.25
Issuer: Credit Agricole SA
IPG: 4.20% area

4. TOWNGAS SMART ENERGY – USD 5YR
Issuer: TCCL (Finance) Limited
Guarantor: Towngas Smart Energy Company Limited
IPG: T+170bps area (est 4.389%) Open / Comment

2022-04-13 04:32:13 New on Bond Express:
A familiar name to many Singaporeans, CapitaLand introduced a new SGD bond that tightened 27bps from its IPG and landed at a FPG of 3.330% last week. The 5-year issue is now available for trading in smaller denominations at 100.2.

Factsheet: https://bit.ly/362dYgO
Credit Insights: https://bit.ly/375Tu7F Open / Comment

2022-04-12 15:30:37 Crude palm oil prices hit an all-time high of RM6,395/MT this March, pushing up Golden Agri Resources’ operating profits by over 70%. Learn about this palm oil plantation company: https://bit.ly/379dHcC Open / Comment