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Singapore bonds become highest-yielding AAA debt over Australia

[SINGAPORE] Singapore's bonds became the highest- yielding AAA ranked securities, surpassing Australia's.

Ten-year notes in the island state yielded 2.52 per cent as of 1:37 pm local time, versus 2.48 per cent in Australia.

The two governments are among nine worldwide that hold the top credit grades from all three major ratings companies.