The Toronto-Dominion Bank Announces New SGD 10NC5 Subordinated Tier 2 Notes at an IPG of 3.40%

The Toronto-Dominion Bank ("TD") is planning to issue SGD Tier 2 Notes at an initial price guidance (IPG) of 3.40% area. Here is our quick take on this new issue.

Zhipu AI: Can China's AI darling sustain its valuation premium?

Zhipu (HKEX:2513) share price has been on a relentless climb since its listing at the start of the year. While ongoing model development provides some justification for the current elevated valuation premium, the question from a long-term perspective is whether the myth of the world's first listed large language model (LLM) stock can truly endure.

Cloud Cover: AWS Powers Amazon's Margins, 2031 Bond Yields 4.85%

Amazon's A1/AA-rated bonds yield around 4.96%, supported by AWS-driven margin growth despite rising AI capital expenditure.

ServiceNow 2Q26 Earnings Review: AI Monetisation Is Becoming Real

The quarter strengthened ServiceNow’s AI monetisation thesis while enterprise demand remained resilient. The trade-off is lower subscription gross margin and execution risk around AI Control Tower integration.

AI’s next bottleneck could be light

IBM's USD $67 Billion Wipeout and the implications to software sector

IBM suffered the worst single-day decline in its 115-year history on 14 July 2026, dragging down the overall software sector. It suggested that AI infrastructure spending may be beginning to cannibalise budgets previously allocated to enterprise software.

AusNet: Stable Regulated Utility Offering Attractive AUD Bond Yields Between 5.0% to 5.9%

In this article, we highlight an Australian utility that provides high-quality income.

Banco Santander Announces New SGD 6NC5 Senior Non-Preferred Bonds at an IPG of 3.10%

Banco Santander SA is launching a new SGD 6NC5 Senior Non-Preferred bond at an initial price guidance of 3.10%. Here is our take on the new issue.

Newly Issued Bond: ICICI Bank USD Bond; IPG : 5.7%

ICICI Bank’s 5-year USD bond offers attractive investment-grade income, supported by strong profitability, capital, asset quality and funding, though pricing may tighten.

Credit update: Unlocking 5.8% Opportunities from a Leading UK Bank – Lloyds