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Fitch: First covered bonds could hit S'pore market by mid-year

This follows further fine-tuning of the guidelines for issuance by the MAS
Thursday, February 5, 2015 - 05:50
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The Monetary Authority of Singapore (MAS) has further fine-tuned the guidelines for issuance of covered bonds, and the first covered bonds could hit the market as early as mid-2015.

Singapore

THE Monetary Authority of Singapore (MAS) has further fine-tuned the guidelines for issuance of covered bonds, and the first covered bonds could hit the market as early as mid-2015, said Fitch Ratings on Wednesday.

Covered bonds are debt instruments secured by a pool of

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