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LTA 15-year bonds sold 3 weeks ago rise sharply

Other longer-dated bonds also rally as market increasingly bets against rate hike by Fed this year

Pedestrians with umbrellas walks past a digital screen displaying stocks index data at the financial district in Singapore on Aug 25, 2015.


THE price of Land Transport Authority's (LTA) 15-year 3.51 per cent bonds has risen sharply; it has jumped to 104.4, representing a 4.4 per cent gain since the bonds were sold three weeks ago at par 100.

Other Singapore dollar (SGD) longer-dated bonds such as perpetuals...

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