HDC Tender Hedge Ratio Estimation - Arb Yield Is Still Too Appealing
The HDC tender event is still giving a very appealing arb yield at 8.93%. As a result, local short-term funds again came back and have done arb...
596 Views
HDC Tender: Two Ways of Playing This Event
HDC tender spread is still hovering at a 7-8% level. But local institutions' long-short arb trades seem to be taking a pause over the last two...
662 Views
HDC Tender Current Status: Spread Is Still There
We now have the official swap ratio of 2.48095. That is, Holdings will target a total 13,181,466 Hyundai Dev Co shares for ₩58,672 per share and...
497 Views
HDC Tender: As of 9:40 AM in Korea Time, We Have a Spread Opening
As of now (9:40 AM in Korean local time), we have a solid spread opening in the HDC tender event. If you haven't made any action yet, now should be...
528 Views
HDC Tender: Do an Arb Trade Now, We Now Have an Opening
Both HDC Holdings (012630 KS) and Hyundai Dev Co (294870 KS) are falling. It turns out that those Aug 24 HDC Holdings price pushers have retreated...
534 Views