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Local bond market slumps as investors stay away

January deals totalling S$638m a pale shadow of the S$2.2b achieved a year ago; lack of clarity cited for the drop in demand
Friday, February 6, 2015 - 05:50
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Volatility is spooking bond investors, and fed up with declining interest rates, they are staying away.

Singapore

VOLATILITY is spooking bond investors, and fed up with declining interest rates, they are staying away. The local bond market has slumped as investors keep their powder dry, with January sales not even reaching 30 per cent of the volume achieved a year ago.

Last month,

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