Singapore
IT'S been a pretty busy time for fixed income bankers. The pressure to deploy funds before the year ends is piling up, said Clifford Lee, DBS Bank head of fixed income.
"This week has been a deal a day in the SGD space," said Mr Lee.
Temasek Holdings sold S$200 millon of five-year 2.7 per cent bonds to institutional investors on Tuesday. This deal was over 7 times subscribed and orders reached S$1.438 billion from 76 accounts. Another tranche of S$200 million is now on public offer for retail...