Outlook for the week
Key economic releases for the week
Last Week Summary
Primary markets in Asia took it down a notch this week as the markets digests the record month in January. Nonetheless, some issuers caught the window of opportunity to secure financing before the Chinese New Year festivities. Most notably, Alibaba bagged a USD 5bn deal overnight post the resurface of Jack Ma. With the exception of China Overseas Grand Oceans Group, all Investment Grade issuers managed to price deals at negative New Issue Premium, averaging 36.7bps of Initial Price Guidance Tightening this week, signaling continued demand.
Timothy covers credit analysis of local and foreign bonds. Previously an equity dealer, he handled equity trade execution and portfolio management. He has presented seminars for organisations such as SIAS, SPH and IRAS, commentated live market updates for 93.8FM, and authored investment articles for the Business Times newspaper. He graduated with a Bachelor of Commerce in Accounting & Finance from the University of Western Australia.