BondEvalue is now BondbloX! Existing users can continue to login via the button below

Cardinal Health 3.410% 06/27 97.928 4.21%

|

WEC 1.375% 10/27 91.884 4.20%

|

REC 5.625% 04/28 102.799 4.76%

|

WRKCo 3.900% 06/28 98.166 4.43%

|

Olam 5.375% Perp 99.083 5.90%

|

SMC 8.750% Perp 100.312 -

|

San Miguel 5.500% Perp 53.125 95.59%

|

ARA 5.650% Perp 96.280 7.77%

|

Singtel 3.250% 06/25 99.018 4.50%

|

JP Morgan 3.200% 06/26 98.336 4.18%

|

Philippines 4.200% 01/24 99.875 26.18%

|

Exim India 3.875% 03/24 100.000 3.80%

|

GLP 4.600% Perp 54.659 29.49%

|

ING Groep 7.250% Perp 101.114 -

|

Kenya 8.250% 02/48 77.428 10.93%

|

GLP 3.875% 06/25 90.087 19.06%

|

Barclays 6.125% Perp 99.346 6.67%

|

Walmart 4.300% 04/44 96.352 4.58%

|

Vedanta 9.250% 04/26 98.403 10.33%

|

FWD 5.000% 09/24 99.996 5.00%

|

Home Depot 5.400% 06/64 106.412 5.02%

|

US Treasury 0.000% 11/24 98.961 4.92%

|

Icahn 9.000% 06/30 98.138 9.41%

|

Ghana 7.750% 04/29 52.533 25.85%

|

Singapore 3.375% 05/34 107.485 2.49%

|

Pemex 6.625% 06/35 77.568 10.08%

|

SIA 5.250% 03/34 106.411 4.40%

|

AIA 3.200% 03/25 99.156 4.93%

|

INALUM 4.750% 05/25 99.691 5.21%

|

ArcelorMittal 4.250% 07/29 98.850 4.51%

|

POSCO 2.500% 01/25 99.196 4.83%

|

Rio Tinto 5.200% 11/40 103.449 4.88%

|

Adani 4.375% 07/29 93.284 6.00%

|

Saudi Aramco 4.375% 04/49 87.184 5.31%

|

JLR 5.875% 01/28 99.760 5.95%

|

South Korea 4.125% 06/44 95.881 4.43%

|

Malaysia Sukuk 3.043% 04/25 99.081 4.58%

|

Vale 3.750% 07/30 93.945 4.95%

|

Vedanta (94% Sink Factor) 13.875% 12/28 102.308 -11.67%

|

Hutchison Whampoa 3.625% 10/24 99.810 4.99%

|

ABN AMRO 6.339% 09/27 103.387 4.55%

|

StanChart 4.750% Perp 86.565 7.44%

|

US STRIPS 0.000% 02/54 - -

|

Indika Energy 8.750% 05/29 100.453 8.62%

|

Dominion Energy 4.250% 06/28 99.783 4.31%

|

Israel 7.250% 12/28 108.630 4.97%

|

Sobha Sukuk 8.750% 07/28 103.004 7.82%

|

Ascendas REIT 3.000% Perp 98.875 4.14%

|

Emirates NBD 1.638% 01/26 96.020 4.75%

|

HSBC 6.375% Perp 100.000 6.18%

|

HSBC 6.950% Perp - -

|

NTPC 4.375% 11/24 99.897 4.81%

|

Bangkok Bank 5.000% Perp 98.909 6.10%

|

China Oil & Gas 4.700% 06/26 - -

|

General Motors 4.300% 04/29 98.375 4.69%

|

PD Sukuk 8.750% 09/25 100.300 8.43%

|

Saudi Aramco 5.750% 07/54 102.675 5.56%

|

Indofood 4.805% 04/52 87.233 5.73%

|

ST Engineering 1.500% 04/25 98.081 4.62%

|

Saudi Arabia 5.750% 01/54 103.182 5.52%

|

Pemex 6.875% 08/26 98.316 7.84%

|

Vedanta (84% Sink Factor) 13.875% 12/28 100.692 5.79%

|

Axis Bank 4.100% Perp 95.094 6.78%

|

Julius Baer 4.875% Perp 95.300 7.35%

|

TD 1.250% 12/24 99.073 4.94%

|

DBS 3.300% Perp 98.910 5.74%

|

Volcan 4.375% 02/26 85.796 15.98%

|

China Water 4.850% 05/26 94.116 8.67%

|

Hotel Properties 3.800% 06/25 99.423 4.61%

|

Conagra 1.375% 11/27 91.444 4.32%

|

Netflix 4.900% 08/34 103.825 4.40%

|

HDFC 3.700% Perp 95.010 6.46%

|

Volcan 8.750% 01/30 - -

|

Equinor 5.100% 08/40 102.480 4.87%

|

Honeywell 9.065% 06/33 130.391 4.76%

|

UOB 3.059% 04/25 99.191 4.51%

|

Piedmont 3.500% 06/29 96.674 4.28%

|

Muthoot 7.125% 02/28 101.825 6.50%

|

ICTSI 5.875% 09/25 100.556 5.30%

|

China 1.950% 12/24 99.497 4.18%

|

US STRIPS 0.000% 05/53 32.806 3.96%

|

StanChart 5.300% Perp - -

|

Israel 7.750% 12/27 106.446 5.55%

|

Netflix 5.400% 08/54 106.741 4.96%

|

Syngenta 4.892% 04/25 99.708 5.37%

|

Israel 4.500% 04/99 74.298 6.08%

|

Credit Agricole 4.375% 03/25 99.413 5.54%

|

Shriram 4.150% 07/25 98.324 6.19%

|

Korea Electric Power 6.000% 12/26 103.482 4.33%

|

Muthoot 4.400% 09/23 100.000 -

|

Delta Air 7.000% 05/25 100.767 5.73%

|

HSBC 6.875% Perp 100.850 6.67%

|

Reliance 4.125% 01/25 99.694 4.92%

|

Commerzbank 6.500% 04/34 107.528 3.51%

|

Embraer 5.050% 06/25 99.561 5.30%

|

Metropolitan Life 3.000% 09/27 97.012 4.06%

|

REC 5.250% 11/23 100.000 5.11%

|

HDFC Bank 5.686% 03/26 101.511 4.61%

|

Centerpoint 5.400% 06/29 103.937 4.44%

|

Dah Sing 3.000% 11/31 95.416 4.04%

|

Baidu 3.075% 04/25 99.012 4.85%

|

NextEra 4.625% 07/27 101.502 4.04%

|

KNOC 5.250% 11/26 101.911 4.31%

|

Sands China 5.125% 08/25 99.497 5.69%

|

Scotiabank 4.500% 12/25 99.657 4.77%

|

Abja 5.450% 01/28 101.660 4.90%

|

DoubleDragon 7.250% 07/25 97.151 10.72%

|

NatWest 6.000% 12/23 100.000 -

|

Methanex 5.250% 12/29 97.386 5.83%

|

General Motors 5.200% 04/45 93.167 5.77%

|

CVS 5.400% 06/29 103.738 4.49%

|

Wells Fargo 4.100% 06/26 99.382 4.47%

|

EXIM Malaysia 3.350% 05/25 98.638 5.50%

|

Egypt 8.700% 03/49 78.469 11.31%

|

Estate Sky 5.450% 07/25 90.500 17.84%

|

Egypt 7.625% 05/32 85.556 10.38%

|

HPCL 5.250% 04/27 98.111 6.03%

|

Santander 6.350% 03/34 106.344 5.48%

|

Olam 4.000% 02/26 98.250 5.26%

|

KHNPC 3.125% 07/27 97.082 4.21%

|

Bank East Asia 5.825% Perp 98.175 7.56%

|

US Treasury 4.875% 10/28 105.273 3.49%

|

UBS 5.875% Perp 100.000 -

|

Micron 5.875% 09/33 106.587 4.94%

|

Keppel 4.900% Perp 102.862 4.53%

|

ICTSI 3.500% 11/31 90.811 5.04%

|

BPCE 5.000% 03/34 102.213 3.35%

|

Pemex 10.000% 02/33 102.014 9.63%

|

Firstenergy Transmission 2.866% 09/28 94.743 4.30%

|

BoFAML 5.526% 08/26 102.723 3.98%

|

Cathay Pacific 4.875% 08/26 99.829 4.96%

|

Huarong 3.800% 11/25 98.949 4.74%

|

JSW Steel 3.950% 04/27 95.106 6.03%

|

UBS 3.750% 03/25 99.320 5.04%

|

Citigroup 4.600% 03/26 100.075 4.54%

|

US Treasury 0.250% 05/25 97.090 4.42%

|

Tencent 3.800% 02/25 99.576 4.82%

|

Xcel 4.000% 06/28 98.944 4.30%

|

Power Finance 3.250% 09/24 100.000 3.19%

|

SocGen 6.447% 01/27 101.770 5.04%

|

Filinvest 4.125% 09/25 97.551 6.66%

|

Caterpillar 8.250% 12/38 137.481 4.62%

|

Abu Dhabi 2.500% 04/25 98.672 4.78%

|

Morgan Stanley 3.125% 07/26 97.901 4.30%

|

Finland 6.950% 02/26 103.852 4.13%

|

Westpac 2.668% 11/35 87.338 4.41%

|

BDO Unibank 2.125% 01/26 96.336 4.99%

|

HSBC 8.000% Perp 106.596 5.87%

|

US Treasury 0.000% 12/24 98.608 4.92%

|

StanChart 7.875% Perp 103.039 7.19%

|

PT Pertamina 6.450% 05/44 110.589 5.55%

|

Petrobras 5.600% 01/31 99.723 5.65%

|

Keppel REIT 3.150% Perp 98.750 4.44%

|

Keybank 5.850% 11/27 103.507 4.61%

|

Teva 3.150% 10/26 95.680 5.40%

|

Santander 4.750% Perp 93.888 7.84%

|

Kenya 6.300% 01/34 75.528 10.45%

|

SIA 3.000% 07/26 97.608 4.35%

|

Lockheed Martin 4.070% 12/42 90.985 4.81%

|

UBS 5.600% Perp 103.269 4.88%

|

BMO 5.200% 12/24 99.985 5.19%

|

Power Finance 3.350% 05/31 90.932 4.96%

|

Philippines 9.500% 10/24 100.625 3.57%

|

Kia 2.375% 02/25 98.981 4.82%

|

Conocophillips 7.800% 01/27 107.623 4.28%

|

Turkey 9.875% 01/28 112.301 5.76%

|

Shell 3.875% 11/28 99.827 3.91%

|

Allianz 3.200% Perp 85.088 8.85%

|

OCBC 1.832% 09/30 97.060 4.90%

|

HSBC 5.250% Perp 101.417 4.91%

|

Korea Electric Power 3.625% 06/25 99.270 4.61%

|

US Treasury 0.000% 02/24 99.938 22.88%

|

Egypt 5.250% 10/25 98.140 7.09%

|

SocGen 8.250% Perp 106.916 5.57%

|

Philippines 5.500% 03/26 101.667 4.37%

|

Abu Dhabi 5.500% 04/54 108.289 4.96%

|

SBI 5.950% 12/24 100.081 5.37%

|

Motorola 4.600% 02/28 101.137 4.21%

|

US Treasury 4.000% 02/34 102.648 3.66%

|

ESR Group 5.100% 02/25 90.400 28.91%

|

Scotiabank 3.625% 10/81 87.482 4.02%

|

JLR 4.500% 10/27 97.938 5.23%

|

Krung Thai 4.400% Perp 97.553 6.09%

|

Mapletree Industrial Trust 3.150% Perp 97.505 4.73%

|

BNP 5.900% Perp 103.835 4.68%

|

Amazon.com 1.650% 05/28 92.574 3.84%

|

BOC Aviation 3.250% 04/25 98.976 4.91%

|

CBA 3.150% 09/27 97.671 3.97%

|

Metinvest 8.500% 04/26 79.500 24.61%

|

US Treasury 3.875% 08/33 101.711 3.64%

|

US Treasury 5.000% 10/25 101.039 4.04%

|

ReNew Power 4.500% 07/28 92.188 6.84%

|

SMC Global Power 7.000% Perp 99.572 7.39%

|

KOWEPO 4.125% 06/25 99.631 4.59%

|

Ford 4.346% 12/26 98.957 4.84%

|

GC Treasury Center 5.200% 03/52 92.504 5.74%

|

Frasers Property 4.380% Perp 98.153 9.80%

|

Macquarie 6.798% 01/33 110.286 5.25%

|

Thaioil 5.375% 11/48 95.416 5.72%

|

UOB 2.550% Perp 96.205 3.63%

|

American Express 3.950% 08/25 99.400 4.64%

|

UnitedHealth 5.375% 04/54 104.494 5.07%

|

Westpac 5.000% Perp 99.668 5.11%

|

Lai Sun 5.000% 07/26 67.063 28.92%

|

Saudi Arabia 5.000% 01/53 93.726 5.43%

|

BNP 8.000% Perp 105.536 6.97%

|

Sprint 7.625% 03/26 103.301 4.61%

|

FWD 7.635% 07/31 106.380 6.45%

|

HSBC 4.250% 08/25 99.367 4.94%

|

Delhi Intl Air 6.450% 06/29 101.885 5.98%

|

Kraft Heinz 3.000% 06/26 97.843 4.31%

|

MetroBank 2.125% 01/26 96.537 4.81%

|

UnionBank 2.125% 10/25 96.857 5.06%

|

Delhi Intl Air 6.125% 10/26 100.449 5.89%

|

Turkey 6.625% 02/45 89.775 7.61%

|

Alphabet 2.250% 08/60 62.368 4.32%

|

Santos 6.875% 09/33 110.873 5.30%

|

US Treasury 4.500% 02/44 105.852 4.06%

|

KOGAS 3.500% 07/26 98.633 4.29%

|

UBS 5.125% Perp 97.737 6.43%

|

Exelon 5.150% 03/28 102.857 4.24%

|

AT&T 5.539% 02/26 100.019 4.95%

|

Lloyds 4.500% 11/24 99.821 5.65%

|

Nvidia 2.850% 04/30 94.833 3.89%

|

KNOC 0.875% 10/25 96.236 4.53%

|

Kernel 6.750% 10/27 79.091 15.42%

|

Petronas 3.500% 03/25 99.253 4.98%

|

Egypt 7.600% 03/29 94.426 9.14%

|

Qatar 5.103% 04/48 103.117 4.87%

|

Manila Water 4.375% 07/30 95.792 5.21%

|

Campbell 5.200% 03/29 103.672 4.28%

|

BNP 8.500% Perp 106.094 6.70%

|

Southwestern Electric Power 4.100% 09/28 99.152 4.33%

|

Pemex 5.350% 02/28 91.084 8.40%

|

SK Hynix 3.000% 09/24 100.000 2.95%

|

SMC Global Power 5.450% Perp 95.084 7.87%

|

DBS 1.169% 11/24 99.342 4.56%

|

Korea Electric Power 7.000% 02/27 106.400 4.15%

|

PCPD Capital 5.125% 06/26 87.926 12.97%

|

Egypt 5.800% 09/27 92.469 8.66%

|

Pakistan 8.250% 09/25 96.863 11.49%

|

US Treasury 0.000% 10/24 99.384 4.73%

|

TAQA 6.500% 10/36 116.408 4.70%

|

Rwanda 5.500% 08/31 81.250 9.22%

|

DP World 5.500% 09/33 104.494 4.86%

|

JLR 5.500% 07/29 99.542 5.60%

|

Del Monte Pacific 3.750% 12/24 100.593 1.27%

|

US STRIPS 0.000% 02/49 35.226 7.52%

|

DTE 5.100% 03/29 102.965 4.35%

|

DBS 5.479% 09/25 101.114 4.32%

|

Scotiabank 5.250% 12/24 99.970 5.30%

|

PNC Bank 3.100% 10/27 96.809 4.20%

|

BP 4.875% Perp 98.280 5.23%

|

REC 3.500% 12/24 99.640 4.91%

|

KOGAS 3.500% 07/25 99.125 4.54%

|

KSA Sukuk 5.250% 06/34 104.561 4.66%

|

BNP 4.250% 10/24 99.941 4.81%

|

ING Groep 8.000% Perp 106.101 6.68%

|

Lockheed Martin 7.200% 05/36 115.343 5.40%

|

Alibaba 3.600% 11/24 99.647 5.23%

|

Jollibee 4.125% 01/26 98.839 5.01%

|

SBI 4.875% 05/28 101.170 4.52%

|

Wells Fargo 3.000% 04/26 98.002 4.29%

|

Verizon 2.625% 08/26 97.063 4.22%

|

AerCap 3.650% 07/27 98.043 4.38%

|

REC 2.250% 09/26 95.352 4.74%

|

Deutsche Bank 7.500% Perp 99.664 7.84%

|

HSBC 4.000% Perp 96.577 6.44%

|

Bombardier 7.875% 04/27 100.359 3.82%

|

StanChart 6.296% 07/34 108.480 5.08%

|

ICICI 4.200% 10/24 99.964 4.63%

|

Lenovo 6.536% 07/32 109.744 4.98%

|

Oman 4.750% 06/26 99.547 5.01%

|

Senegal 6.750% 03/48 73.113 9.66%

|

US Treasury 4.375% 05/34 105.719 3.66%

|

Vedanta (47% Sink Factor) 13.875% 01/27 100.212 11.17%

|

LG Chem 3.250% 10/24 99.831 5.03%

|

PNB 3.280% 09/24 99.939 4.71%

|

KOMIR 5.375% 05/28 103.136 4.43%

|

Goldman Sachs 3.750% 05/25 99.204 4.92%

|

Maldives 9.875% 04/26 74.290 31.87%

|

Charles Schwab 3.250% 05/29 96.074 4.17%

|

Humana 3.700% 03/29 97.643 4.27%

|

SocGen 8.500% Perp 99.738 8.53%

|

BIM 7.375% 05/26 78.941 23.43%

|

BPCL 4.000% 05/25 99.445 4.86%

|

Deutsche Bank 6.000% Perp 96.380 9.53%

|

BCT 5.750% 01/25 96.177 16.23%

|

Jollibee 4.750% 06/30 98.507 5.04%

|

EIB 2.500% 10/24 99.760 5.07%

|

Buenos Aires 5.000% 09/37 37.665 17.09%

|

Citibank 5.803% 09/28 105.982 4.15%

|

US Treasury 0.000% 09/24 99.820 4.63%

|

Ford 4.750% 01/43 84.135 6.21%

|

Emirates NBD 6.125% Perp 100.280 5.93%

|

Emirates NBD 1.840% 05/26 94.958 4.96%

|

Philippines 10.625% 03/25 102.990 4.63%

|

Abu Dhabi 2.125% 09/24 99.877 4.69%

|

Pakistan 7.375% 04/31 79.414 11.98%

|

Qatar 6.400% 01/40 118.357 4.70%

|

Pricoa 5.100% 05/28 103.560 4.05%

|

Shriram 6.625% 04/27 101.010 6.19%

|

Globe Telecom 2.500% 07/30 87.642 4.95%

|

Walmart 4.500% 09/52 97.155 4.68%

|

Barclays 7.300% Perp 104.714 5.89%

|

Tyson Foods 5.400% 03/29 103.935 4.41%

|

Royal Caribbean 5.500% 04/28 101.112 5.10%

|

Principal Financial Group 3.700% 05/29 97.693 4.24%

|

Wells Fargo 4.150% 01/29 99.416 4.29%

|

BNP 4.625% Perp 92.594 8.17%

|

Conocophillips 6.500% 02/39 116.931 4.85%

|

Indofood 4.745% 06/51 86.387 5.74%

|

Korea East West Power 3.600% 05/25 99.323 4.66%

|

Mercedes-Benz 5.500% 11/24 100.031 5.26%

|

Pemex 5.950% 01/31 82.767 9.62%

|

Exim India 5.500% 01/33 105.122 4.74%

|

Reliance 2.875% 01/32 88.377 4.77%

|

Arabian Centres 9.500% 03/29 103.974 8.41%

|

This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.

Bond Market News

UOB Sets Sterling Covered Bond Benchmark for Singaporean Banks

February 22, 2018

Financial Institution Bonds
Financial News
Investment Grade Bonds
Southeast Asia

United Overseas Bank (UOB) priced the first sterling-denominated covered bond amongst its Singapore bank peers, with a well-received £350 million (US$486 million) five-year transaction at a floating coupon of 24 bps over the 3-month sterling Libor rate. Issued under UOB’s existing US$8 billion global covered bond programme, the bonds were marketed at an initial guidance of 26 bps area. Although comparables were trading at around 20-22 bps at the time, analysts speculate that UOB was willing to accept a slightly higher coupon for what is a decent issue size, especially with the deal being UOB’s debut in this market. From a relative-value perspective, sterling looks very attractive against euros and US dollars, with estimates that UOB would have expected to price a new euro covered bond, after adjusting for the swap, at around 5 bps worse. UOB would also be accessing accounts that would not participate in euro or dollar deals, thus filling a gap in the Singaporean covered bond market where a majority (60%) of outstanding bonds are euro-denominated, followed by US dollars (20%) and Australian dollars (18%). The bonds will be secured by a portfolio of loans and other assets, and are expected to be rated “Aaa” by Moody’s and “AAA” by S&P’s.

Meanwhile, Oversea-Chinese Banking Corporation (OCBC) provided further Singaporean supply in the covered bonds market, but defaulted to euros which the bank had issued in twice in 2017. Both of the OCBC €500 million 5-year bonds done last year were trading at around mid-swaps less 4 bps at the time. Investor interest was lukewarm as price guidance for the new 5-year was set at swaps plus 1 bp area and subsequently revised to minus 1 bp area. The €500 million issue is also expected to be rated “Aaa” by Moody’s and “AAA” by S&P’s.

Share this

Looking for more ?

Curated global bond market news - delivered to your inbox everyday.

Go back to Latest bond Market News

Related Posts:

DBS Green Bonds Well Supported By Strong Investor Demand

July 20, 2017

Singapore’s debut green bond from local developer City Developments

May 26, 2017

ICBC’s Debut Green Bonds Attracts Keen Investor Interest

October 3, 2017

Our Awards

Awards

Awards

Awards

Awards

Awards

Awards

Awards

BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.

Registered office: 8 Marina View, #43-062 Asia Square Tower 1, Singapore 018960

© Copyright BondbloX 2024, All Rights Reserved.