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10-year SGS rises back to its February level

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The benchmark three-month Sibor (Singapore interbank offered rate) eased again on Wednesday as speculators unwound the short bets on the Singapore dollar after Tuesday's move by the MAS to keep the SGD on a "modest and gradual" appreciating path

Singapore

THE key 10-year Singapore Government Securities (SGS) has risen over one per cent in the past two weeks while the yield has fallen more than 6 per cent, tracking the US Treasury, which is reacting to softer economic data. The price of the 10-year SGS shot up to 108.35 on April...

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