{"id":37196,"date":"2024-01-02T07:05:00","date_gmt":"2024-01-01T23:05:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=37196"},"modified":"2023-12-29T15:09:37","modified_gmt":"2023-12-29T07:09:37","slug":"02-january-2024-wealth-product-ideas","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/02-january-2024-wealth-product-ideas\/","title":{"rendered":"02 January 2024: Wealth Product Ideas"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"580\" height=\"71\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-116.png\" alt=\"\" class=\"wp-image-36638\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-116.png 580w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-116-300x37.png 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><p><strong>Ticker and ISIN<\/strong>\n<\/p><\/td><td><p>\n  HSBC 7.336 11\/03\/26 Corp. (US404280DQ93)\n<\/p><\/td><\/tr><tr><td><p><strong>Issuer<\/strong>\n<\/p><\/td><td><p>\n  HSBC Holdings Plc.\n<\/p><\/td><\/tr><tr><td><p><strong>Country<\/strong>\n<\/p><\/td><td><p>\n  United Kingdom\n<\/p><\/td><\/tr><tr><td><p><strong>Currency<\/strong>\n<\/p><\/td><td><p>\n  USD\n<\/p><\/td><\/tr><tr><td><p><strong>Industry<\/strong>\n<\/p><\/td><td><p>\n  Banking (BCLASS)\n<\/p><\/td><\/tr><tr><td><p><strong>Coupon rate<\/strong>\n<\/p><\/td><td><p>\n  7.336%\n<\/p><\/td><\/tr><tr><td><p><strong>Coupon frequency<\/strong>\n<\/p><\/td><td><p>\n  Semi-annual\n<\/p><\/td><\/tr><tr><td><p><strong>Maturity<\/strong>\n<\/p><\/td><td><p>\n  11\/03\/2026 (MAKE WHOLE @45.000 until 11\/03\/25\/ CALL 11\/03\/25@100.00)\n<\/p><\/td><\/tr><tr><td><p><strong>Ratings<\/strong>\n<\/p><\/td><td><p>\n  A3 (Moody\u2019s) \/ A- (S&P) \/ A+ (Fitch) \/ A- (Composite) \n<\/p><\/td><\/tr><tr><td><p><strong>YTM<\/strong>\n<\/p><\/td><td><p>\n  6.207%\n<\/p><\/td><\/tr><tr><td><p><strong>Amount issued<\/strong>\n<\/p><\/td><td><p>\n  1,750,000,000\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-37196-_z5finf92aj9l\"><\/a><img fetchpriority=\"high\" decoding=\"async\" width=\"1677\" height=\"933\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-176.png\" class=\"wp-image-37198\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-176.png 1677w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-176-300x167.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-176-1024x570.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-176-768x427.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-176-1536x855.png 1536w\" sizes=\"(max-width: 1677px) 100vw, 1677px\" \/><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1129\" height=\"614\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-177.png\" alt=\"\" class=\"wp-image-37199\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-177.png 1129w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-177-300x163.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-177-1024x557.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-177-768x418.png 768w\" sizes=\"(max-width: 1129px) 100vw, 1129px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-37196-_qxa09j6w7m1\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-178.png\" class=\"wp-image-37200\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-178.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-178-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><p><strong>Ticker and ISIN<\/strong>\n<\/p><\/td><td><p>\n   BAC 6.55 10\/20\/33 Corp. (US06055JCN72)\n<\/p><\/td><\/tr><tr><td><p><strong>Issuer<\/strong>\n<\/p><\/td><td><p>\n  Bank of America Corp.\n<\/p><\/td><\/tr><tr><td><p><strong>Country<\/strong>\n<\/p><\/td><td><p>\n  United States\n<\/p><\/td><\/tr><tr><td><p><strong>Currency<\/strong>\n<\/p><\/td><td><p>\n  USD\n<\/p><\/td><\/tr><tr><td><p><strong>Industry<\/strong>\n<\/p><\/td><td><p>\n  Banking (BCLASS)\n<\/p><\/td><\/tr><tr><td><p><strong>Coupon rate<\/strong>\n<\/p><\/td><td><p>\n  6.55%\n<\/p><\/td><\/tr><tr><td><p><strong>Coupon frequency<\/strong>\n<\/p><\/td><td><p>\n  Semi-annual\n<\/p><\/td><\/tr><tr><td><p><strong>Maturity<\/strong>\n<\/p><\/td><td><p>\n  10\/20\/2033 (CALL 10\/20\/25@100.00)\n<\/p><\/td><\/tr><tr><td><p><strong>Ratings<\/strong>\n<\/p><\/td><td><p>\n  A1 (Moody\u2019s) \/ A- (S&P) \/ AA- (Fitch) \/ A+ (Composite) \n<\/p><\/td><\/tr><tr><td><p><strong>YTM<\/strong>\n<\/p><\/td><td><p>\n  6.321%\n<\/p><\/td><\/tr><tr><td><p><strong>Amount issued<\/strong>\n<\/p><\/td><td><p>\n  90,000,000\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-37196-_805rcdjipii8\"><\/a><img loading=\"lazy\" decoding=\"async\" width=\"1674\" height=\"935\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/a-screenshot-of-a-computer-description-automatica-2.png\" class=\"wp-image-37201\" alt=\"A screenshot of a computer\n\nDescription automatically generated\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/a-screenshot-of-a-computer-description-automatica-2.png 1674w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/a-screenshot-of-a-computer-description-automatica-2-300x168.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/a-screenshot-of-a-computer-description-automatica-2-1024x572.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/a-screenshot-of-a-computer-description-automatica-2-768x429.png 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/a-screenshot-of-a-computer-description-automatica-2-1536x858.png 1536w\" sizes=\"(max-width: 1674px) 100vw, 1674px\" \/><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1129\" height=\"614\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-179.png\" alt=\"\" class=\"wp-image-37202\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-179.png 1129w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-179-300x163.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-179-1024x557.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/12\/word-image-179-768x418.png 768w\" sizes=\"(max-width: 1129px) 100vw, 1129px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">   (Source: Bloomberg)<a id=\"post-37196-_9i0c554gtu0u\"><\/a> <\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><a href=\"#top\">^ Back To Top<\/a> <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-32668-_ngsvsewkuh1b\"><\/a><strong><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/09\/word-image-316.png\" class=\"wp-image-32681\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/09\/word-image-316.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/09\/word-image-316-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/strong><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/t.me\/kgisg\"><img loading=\"lazy\" decoding=\"async\" width=\"520\" height=\"142\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-375.png\" alt=\"\" class=\"wp-image-16928\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-375.png 520w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-375-300x82.png 300w\" sizes=\"(max-width: 520px) 100vw, 520px\" \/><\/a><\/figure><\/div>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Ticker and ISIN HSBC 7.336 11\/03\/26 Corp. (US404280DQ93) Issuer HSBC Holdings Plc. Country United Kingdom Currency USD Industry Banking (BCLASS) Coupon rate 7.336% Coupon frequency Semi-annual Maturity 11\/03\/2026 (MAKE WHOLE @45.000 until 11\/03\/25\/ CALL 11\/03\/25@100.00) Ratings A3 (Moody\u2019s) \/ A- (S&#038;P) \/ A+ (Fitch) \/ A- (Composite) YTM 6.207% Amount issued 1,750,000,000 (Source: Bloomberg) Ticker [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22945,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[34],"tags":[],"class_list":["post-37196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-product-ideas"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"thumbnail":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154-150x150.jpg?wsr",150,150,true],"medium":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"medium_large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"1536x1536":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"2048x2048":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false]},"uagb_author_info":{"display_name":"kaijie tang","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/kaijie-tangkgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"Ticker and ISIN HSBC 7.336 11\/03\/26 Corp. (US404280DQ93) Issuer HSBC Holdings Plc. Country United Kingdom Currency USD Industry Banking (BCLASS) Coupon rate 7.336% Coupon frequency Semi-annual Maturity 11\/03\/2026 (MAKE WHOLE @45.000 until 11\/03\/25\/ CALL 11\/03\/25@100.00) Ratings A3 (Moody\u2019s) \/ A- (S&P) \/ A+ (Fitch) \/ A- (Composite) YTM 6.207% Amount issued 1,750,000,000 (Source: Bloomberg) Ticker&hellip;","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/37196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=37196"}],"version-history":[{"count":1,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/37196\/revisions"}],"predecessor-version":[{"id":37203,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/37196\/revisions\/37203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media\/22945"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=37196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=37196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=37196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}