HDFC Placement/Trade Idea - Here Comes the Big Daddy, Might Still Be Worth a Short Term Trade
HDFC Limited (HDFC IN) launched its qualified institutional placement (QIP) to raise up to US$1.8bn overnight. I had taken an early look at the...
357 Views
Axis Bank Placement - Jumping the Queue
Axis Bank Ltd (AXSB IN) aims to raise up to US$1.36bn in via a qualified institutional placement (QIP). I had taken an early look at the deal in...
395 Views
HDFC – Risk Elevated
* Weak Operating Result:HDFC Ltd. (HDFC.IN) [HDFC] reported FY 1Q21 results of INR 30.5 bn, increasing INR 8.2 bn (36.7%) linked quarter. However,...
237 Views
Bank Credit Weekly: Measured Momentum into Month-End
Positive credit momentum was more measure in both Asia and the US as Treasuries firmed into month-end. A declining US dollar aided Asia’s positive...
262 Views
Bank Credit Compass: Asia’s July Performance and August Expectations
Risk-on sentiment resulted in more spread tightening than widening in Asia’s US$-denominated bank bonds (x-Japan) during the month of July. In...
317 Views