bonds

Singapore's emergence as a 'Smart Financial Centre'
SINGAPORE (May 22): In 2015, the Monetary Authority of Singapore (MAS) announced the “Smart Financial Centre” plan as part of the Smart Nation vision for Singapore, designating the financial sector to lead innovation and the implementation of new technology. Since then we have witnessed many developments including progress towards a conducive regulatory environment, which has resulted ...
SIA establishes $2 bil medium term bond programme
SINGAPORE (Mar 14): Singapore Airlines has established a $2 billion medium term bond programme. The city-state’s flagship carrier says net proceeds from the programme will be used to refinance existing borrowings, finance investments and fixed assets as well as goes towards general working capital purposes. DBS Bank has been appointed arranger of the bond programme while DBS Bank, ...
Why 2019 might be a better year for investors: Schroders
After the disappointment of 2018, Schroders chief executive Peter Harrison rounds up the factors its fund managers think could lead to a brighter year ahead. SINGAPORE (Jan 2): 2018 has been a disappointing year for most investors. Almost all markets, both stocks and bonds, fell in value last year, under pressure from rising interest rates, political developments such as Brexit, and the trade ...
Temasek exercises upsize option for retail bonds to $300 mil; trading starts this Friday
SINGAPORE (Oct 24): Temasek Holdings has successfully concluded the allocation of the public offer and placement of its new five-year Singapore dollar bonds, called T2023-S$ Temasek Bond, which come at a fixed interest rate of 2.7% p.a. over five years until maturity in 2023. Temasek has also decided to exercise its upsize option to increase the issue size of $200 million by $100 million for ...
Emerging markets have had a good run. But things may get bumpier
TOKYO/KUALA LUMPUR (Apr 17): Emerging markets have weathered this year’s market volatility just fine so far. But some investors are using this as an opportunity to get a lot more selective, with challenges looming from trade tensions to the winding down of central-bank stimulus. "Now we can rule out the ‘global synchronized growth’ theme, which dominated early this year," said Jinha Kim, ...
China may be headed for rare property defaults, Neuberger says
SHANGHAI (Apr 17): Chinese developers may be headed for rare defaults on their debts as rising interest rates make it harder to roll over record borrowings, according to one of the few foreign money managers selling local financial products to the nation’s investors. Smaller property firms might miss payments on bonds this year after the government’s leverage curbs pushed up borrowing ...
How much money do you need to be free?
SINGAPORE (Mar 26): Animals are born free. In the first few minutes of life, they learn to crawl. Next, they take off into the woods. And soon, they will hunt for themselves. Men are born with ransoms on their heads. Whether they like it or not, they have to drag themselves to work to earn their keep. They battle daily to get to work, to work, and to come back from work. While they do ...
Seven questions on corporate bonds answered
SINGAPORE (Mar 22): Investors face a constant dilemma over which assets, such as shares, bonds and property, to invest in. The answer is often that a mix of assets can help meet your goals. Different investments can perform well at different times. For example, when shares languish, government or corporate bonds may fare better. This is considered to be sensible diversification. With that in ...
CPFIS funds grew 3.61% on average in 4Q17
SINGAPORE (Feb 27): The overall performance of the Central Provident Fund Investment Scheme-included funds (CPFIS-included funds) for 4Q17 increased by 3.61% on average, according to findings from Thomson Reuters Lipper. This includes the performance of all unit trusts and investment-linked insurance products (ILPs) under the CPFIS. Specifically, CPFIS-included unit trusts increased 3.94% ...
Singaporeans' BFF just saved them a tax increase: Bloomberg Gadfly
SINGAPORE (Feb 21): Singaporeans have dodged the bullet of higher consumption taxes, at least for the next three years. They should thank their new BFF -- the bond market. Finance Minister Heng Swee Keat left the goods and services tax, last raised to 7% in 2007, unchanged on Monday. Most commentators, including yours truly, had expected an increase after Prime Minister Lee Hsien Loong spoke ...