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Amid volatility, local bond market enjoying Goldilocks year so far

Issuances for this quarter is likely to be tepid, amid US rate rise concerns

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Mr Tan says the current mood of the market is one of cautious consideration, and he expects to see more activity when the market takes on a 'risk on' mode.

Singapore

THE local bond market has had a Goldilocks year so far, not great but not so bad. For the first nine months of 2015, new issues totalled S$17.7 billion, which is down 11.5 per cent from the S$20 billion raised during the same period last year.

But contrast this with