Singapore central bank to ease corporate bond buys for retail investors

[greengiraffe]

Too much of a good thing and retailers will end up suckers and sufferers

http://www.businesstimes.com.sg/premium/...e-20140911

PUBLISHED SEPTEMBER 11, 2014
Singapore companies' share of debt listings on the rise
BYKENNETH LIM
kenlim@sph.com.sg @KennethLimBT

Mr Gopalakrishnan: Issuance volumes are likely to remain high over the next few weeks before hitting the typical end-of-year slowdown
SINGAPORE companies are contributing a larger slice of the country's listed debt market this year amid robust capital inflows and a low interest rate environment, market observers said.
The year-to-date new bond listing volume on the Singapore Exchange (SGX) grew 18 per cent to S$141.7 billion as at end-August, according to an SGX report.
Singapore companies contributed 16 per cent, or S$22.7 billion, of that volume, an increase from the 13 per cent share a year ago. The year-to-date proceeds raised by Singapore issues was 73 per cent higher than in the year-ago period.
"It is still a favourable environment for issuers to tap the bond market as interest rates are still low and investors have a lot of liquidity to deploy in relatively higher yielding assets," Credit Suisse Private Banking and Wealth Management emerging markets bond analyst Neel Gopalakrishnan said.

[freedom]

I believe that this is a much better investment asset class than equity for a lot of investors in Singapore. The question is how to make the transaction cheap.

for example, between CapMallTrb3.08%210220 and CapitalMall Trust.

CapMallTrb3.08%210220 has a defined maturity date, much lower volatility and a much safer income and principal than dividends and stock. It is much more suitable for an investors in their retirement stage than the REIT itself.

Currently there is no suitable asset class for people disliking the low interest rate provided by the financial institutions and high volatility of stock market.

[Temperament]

i wont say it is a good IPO buy (the last CapMall Trust Bond issue) but i just enjoy the the maiden coupon. It's like a cash option to me better than FD in the bank. i am a lousy "venture capitalist" at this time.

[greengiraffe]

http://www.businesstimes.com.sg/premium/...s-20141006

PUBLISHED OCTOBER 06, 2014
Flood of junk bond issues worries investors
Emerging market supplies set to hit a record as corporates from China and Asian countries tap low interest rates
BYNEIL BEHRMANN
btworld@sph.com.sg

GLOBAL investors are beginning to become wary of low yielding emerging and European lower grade corporate "junk" bonds following a flood of new supplies on the market - PHOTO: REUTERS
London
GLOBAL investors are beginning to become wary of low yielding emerging and European lower grade corporate "junk" bonds following a flood of new supplies on the market.
The result has been a decline in prices and a rise in average yields since the market peaked in the second quarter of this year, traders and analysts say.
In the first three quarters of 2014, US$397 billion of emerging market bonds were issued, according to data from BondRadar, which monitors the primary new issue international bond market.