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Lack of liquidity plagues secondary S$ corp bond market

Credit ratings suggested as a solution but effectiveness seems debatable

The Monetary Authority of Singapore (MAS) was not so quick to concede that market development was lacking, pointing out that outstanding Singdollar corporate debt has doubled in the past decade to about S$140 billion today.


LIQUIDITY in the secondary Singapore-dollar corporate bond market remains patchy despite years of development, but there is little agreement in the industry on how to actually bring steady rain to the desert.

The monthly trading volume of Singdollar corporate bonds have