S'pore bonds continue strong showing
Longer dated bonds outperforming those with shorter maturities
SINGAPORE bonds continue their rally, with longer dated ones outperforming those with shorter maturities as nervous investors struggle with uncertain macro data out of the United States, plus more news of a bigger slowdown in China.
The Singapore Fixed Income Index (SFI) gained 0.09 per cent to 116.38 for the week ending March 7. Year-to-date (YTD) the SFI has made weekly gains in eight out of 10 weeks, said the Singapore Exchange (SGX).
The SFI provides comprehensive coverage of the local fixed income market with 68 indices covering over 80 per cent of SGD-denominated bonds. The SFI includes Singapore government, statutory and corporate bonds.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Prudential shutters Hong Kong wealth unit Pulse
Singapore has to be realistic on global trends plaguing its stock market: DPM Wong
Google DeepMind unveils next generation of drug discovery AI model
AEM Holdings Q1 net profit tumbles 85% to S$2.4 million
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift
JPMorgan, Nomura limit Segantii exposure on Hong Kong case