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Perpetual bonds stay hot, hitting S$2.5b year to date

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Perpetual bonds have become arguably the hottest asset class in Singapore as investors continue with their relentless search for yield.

Singapore

PERPETUAL bonds have become arguably the hottest asset class in Singapore as investors continue with their relentless search for yield. On Monday, Keppel Reit sold S$150 million perpetual bonds, the second such sale of bonds with no fixed maturity this month.

That brings