HAVE YOU MISS OUT USD81K (SGD110K) PROFIT OPPORTUNITY IN 2017?

Below are our bond closed trades since start of 2017:

SUNSHINE 4.50% 20APRIL2026: USD6,700 PROFIT
- On 12Mar2017, we had call to buy into Sunshine Insurance 4.50% 20Apr2026 at 99.80.
- That was when Anbang Insurance gets into trouble. We had used the fear in the market to buy China insurance bond at cheap price.
- Today's (17Aug17) bid price is at 101.20.
- If you have bought USD200,000 face value of the bond, your profit will be USD6700.
Link: myasiaprivatebank.blogspot.sg/2017/08/sunshine-450-20april2026-usd6700-profit.html

ABN AMRO 4.40% 27MAR2028: USD8,151 PROFIT
- On 20 March 2017 we had identified buying opportunity for ABN Amro 4.40% 27Mar2028 at 100.85.
- Rationale is ABN Amro is financially healthy and the coupon has coupon reset feature.
- Bond price had risen to 103.30. We would like to take profit on this trade.
- If you had bought USD200k face value of the bond, your profit will be USD8151.
Link: myasiaprivatebank.blogspot.sg/2017/08/abn-440-27mar2028-usd8151-profit.html

HUARONG 4.50% PERPETUAL: USD7,850 PROFIT
- On 26 January 2017, we had identified opportunity for Huarong 4.50% Perpetual when it was at 100.50.
- We like this bond because of its decent yield and strong parent which is China Ministry of Finance.
- Bond price had risen to 102.00 today (11Aug17). We think its good to take profit in view of potential US - North Korea conflict.
- If you had bought USD200k face value of the bond, your profit including coupons will be USD7,850.
Link: myasiaprivatebank.blogspot.sg/2017/08/huarong-450-perpetual-usd7850-profit.html?m=1

BPCE 4.625% 11APR2024: PROFIT USD4,676
- On 11Apr2017 we had call to buy BPCE 11July2024 at 101.00.
- That was before French election where there was uncertainty in the market. That's when we can find value in French bonds.
- Bond price has moved up to resistance level. We decide to close this trade at 102.40. Profit is USD4,676.
Link: myasiaprivatebank.blogspot.sg/2017/05/bpce-4625-11apr2024-profit-usd4676.html

GLOBAL LOGISTICS PROPERTIES 3.875% 4JUN2025: PROFIT USD8,315
- On 18 January 2017 we had proposed to buy Global Logistics Properties 3.875% 4Jun2025 at 93.50.
- Bond price was depressed as the company was undergoing process of being acquired.
- This bond is trading at 96.00. Profit is USD8,315.
Link: myasiaprivatebank.blogspot.sg/2017/05/global-logistics-properties-3875.html

AVIVA 4.375% 12SEP2049: GBP11,068 PROFIT
- On 22 Dec 2016 we had call to buy Aviva 4.375% 12Sep2049 at 97.00.
- Political unstability in UK had pushed GBP bond price down.
- This bond is trading at 101.00. Profit less loan interest is at GBP11,068.
Link: myasiaprivatebank.blogspot.sg/2017/05/aviva-4375-12sep2049-gbp11068-profit.html

HSBC 5.625% PERPETUAL: USD16,813 PROFIT
- On 29 Nov 2016 we had call to buy HSBC 5.625% Perpetual at 96.50.
- One analyst wrote a report predicts that Deutsche Bank will not pay coupon for their coco bonds. This has pushed all coco bonds down sharply, include HSBC coco bonds.
- Today this bond is trading at 102.00. Profit is at USD16,813.
Link: myasiaprivatebank.blogspot.sg/2017/05/hsbc-5625-perpetual-usd16813-profit.html

PRUDENTIAL 5% 20JUL2055: GBP11,012 PROFIT
-On 30 Oct 2016 we had call to buy Prudential 5% 20 July 2055 at 99.00.
- Political unstability in UK had pushed GBP bond price down.
- Price of the bond is at 102.75. Profit less loan interest is at GBP11,012.
Link: myasiaprivatebank.blogspot.sg/2017/04/prudential-gbp-bond-gbp11012-profit.html

If you had participated in all the 8 trades based on 200k face value in each bond trades, your potential profits will be USD81,208 or SGD110,442.


Minimum to open a private bank account is SGD 2 million. If you are interested to open account with competent bankers, send email to metal.commodity@gmail.com for a non obligated discussion.