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Singapore bonds continue good run

Issue of S$150m perpetuals by Tata International draws demand for S$1b; bankers say local currency slide not deterring investors flush with liquidity

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It seems that even the weaker Singapore dollar is not having much impact, given the deep local investor base.

Singapore

SINGAPORE bonds continue to outperform despite the official end of QE3 last week with investors betting that interest rates will remain low for sometime. Even the slide in the Singapore dollar has not dampened interest as local investors are flushed with liquidity, say bankers

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