Wong Di Ming

The country’s four major lenders reported growth in revenue and net income, with elevated policy rates helping to sustain net interest income

Such bonds are a prudent investment choice in the current environment, but caution is advised for longer-duration bonds

The asset class provides a stable and consistent fixed income over a period

Investors are set to benefit with more stability and options in the fixed income space in 2024

Singapore bank bonds have been relatively popular this year; senior and Tier-2 subordinated bonds are attractive

As interest rates stabilise, more corporates are likely to return to the SGD debt market for issuance; shorter-duration bonds remain attractive

T-bills here generally track the path of US interest rates, but they have diverged this year. After a record yield of 4.4 per cent last year, an upward trend is unlikely

European lenders are still well-capitalised; preference for higher-quality investment-grade bonds and shorter-duration Singapore government bills