Bondsupermart

2021-07-25 06:00:07 With Consumer Price Index (CPI) and Producer Price Index (PPI) data rising both Y-o-Y and M-o-M, are bonds even attractive anymore?

In this Business Times column, our Fixed Income Analyst Tan Chu Ren shared his take on the possible developments amid the inflation chatter. He also recommended bonds for both investors new to bonds and those with higher risk appetites. Read it here: https://bit.ly/3zqo7Nt Open / Comment

2021-07-24 05:30:16 This venture capital firm that’s wholly-owned by Temasek Holdings raised SGD 450mil in its maiden bond offering. https://bit.ly/3zwxcV9 Open / Comment

2021-07-22 16:30:06 New on Bond Express:
REDPRO 10.500% 06Jan2023 Corp (CNH)
If you are looking to invest your CNH but unsure of where to park your money, why not consider Redco? Not only did the property developer improve its short-term liquidity, Fitch has also upgraded the issuer from B to B+.

HPDLF 6.800% 28Dec2023 Corp (USD)
Hopson Development has met the “Three Red Lines” regulations and is considered a Green Light Developer. The issuer recently called back USD 492mil of its existing bonds – a potential show of its liquidity. Open / Comment

2021-07-22 14:03:48 It’s been a very rough week for Evergrande, to say the least. https://bit.ly/2Tsq3FX Open / Comment

2021-07-22 06:00:14 New Bond Issues:
1. SHANDONG STEEL - USD 3 YR
Issuer: Shandong Iron and Steel Xinheng International Company Limited
Guarantor: Shandong Iron & Steel Group Co., Ltd.
Initial Price Guidance: 5.35% Area

2. GUANGZHOU INDUSTRIAL INVESTMENT FUND MANAGEMENT – USD 5YR
Issuer: Vertex Capital Investment Limited
Guarantor: Guangzhou Industrial Investment Fund Management Co., Ltd.
IPG: 3.35% Area

3. CK INFRASTRUCTURE - USD PERPNC 5
Issuer: Cheung Kong Infrastructure Finance (BVI) Limited
Guarantor: CK Infrastructure Holdings Limited
IPG: 4.2% area Open / Comment

2021-07-21 07:10:16 New Bond Issues
1. CSSC (HK) SHIPPING - USD 5YR GREEN BONDS
Issuer: CSSC Capital 2015 Limited
Guarantor: CSSC (Hong Kong) Shipping Company Limited
Initial Price Guidance: CT5+185bps area (Est. 2.623%)

2. VERTEX VENTURE HOLDINGS - SGD 7YR
Issuer: Vertex Venture Holdings Ltd
IPG: 3.50% area

3. LAI SUN - USD 5YR
Issuer: Lai Sun MTN Limited
Guarantor: Lai Sun Development Company Limited
IPG: 5.10% area

4. CHINA GRAND AUTOMOTIVE - USD 2.5YR
Issuer: China Grand Automotive Services Limited
Guarantor: China Grand Automotive Services Group Co., Ltd.
Final Price Guidance: 9.75% Open / Comment

2021-07-20 09:00:05 Quit inflating your fears about inflation

Join us for our webinar on 5th August 2021, 7pm as we address your biggest concerns about the impact that inflation has on bonds.

Our panel of analysts will share about how you can manage your current portfolio and highlight specific opportunities that can help you ride the storm!

Register here to start deflating your fears about inflation: https://bit.ly/3ez6X8y Open / Comment

2021-07-19 16:00:07 In this week’s Bond Market Monitor, the central banks of Canada, New Zealand and Japan announced their updates to their monetary policies – most interest rates have been left unchanged.

Plus, Lippo Malls Indonesia Retail Trust’s rating downgrade, Huarong’s repayment of its long term debt and China Evergrande’s special dividend plan. https://bit.ly/3kLkca7 Open / Comment

2021-07-18 09:00:07 Will interest rates stay low for long? Maybe not. Investors might want to start preparing for the higher interest rates ahead.

Here’s what will happen to SGD bonds and perps, and what you can do to mitigate the impact of rising rates. bit.ly/2USAXoQ Open / Comment

2021-07-15 05:19:04 New Bond Issues:
1. FLCT Treasury Pte. Ltd. - SGD 7Y SUSTANABILITY NOTES
Issuer: FLCT Treasury Pte. Ltd.
Guarantor: Frasers Logistics & Commercial Trust
Initial Price Guidance: 2.40% Area

2. AGILE GROUP - USD 3.75NC2.75 SUSTAINABILITY NOTES
Issuer: Agile Group Holdings Limited
IPG: 5.90% Area

3. KAISA GROUP - USD 364-DAY
Issuer: Kaisa Group Holdings Ltd.
Final Price Guidance: 8.65%

4. CSI PROPERTIES LIMITED - USD 4NC3
Issuer: Estate Sky Limited
Guarantor: CSI Properties Limited
IPG: 5.75% Area Open / Comment