When to buy?
Region's debt market running hot and bankers are fighting to do deals
By SIOW LI SEN
(SINGAPORE) It's as if the floodgates have opened in Asia's debt market as billion-dollar deals are snapped up within hours. It's as if the European crisis of May and June never happened. Investors are clamouring for a slice of the action and many last week had to go away empty handed after bankers had to cut back on allocations .
Temasek Holdings' trailblazing S$1 billion 40-year bond was snapped up in less than two hours.
Heavy demand from insurance companies for longest-dated SGD bond opens a new window
---------------------------------------------------------------------------------------
Createwealth8888:
Just only 4.2% returns for 40-year bond was snapped up in less than two hours. It is telling us that fund managers have plenty of money but no balls. They are telling us that capital preservation is far more important than returns and 4.2% should be enough to pay for their salaries and cover operational expenses.
Can we still be so bullish?
Huawei’s new Pura 70 series smartphone poses a threat to iPhone sales in
China
-
Huawei Technologies’ new Pura 70 series is posing a further threat to Apple
in the world’s biggest smartphone market, as the Chinese tech giant eyes
retaki...
23 minutes ago
No comments:
Post a Comment