Singapore
FIXED income bankers may not be popping much champagne this Christmas given 2018's depressed volumes, but they can still toast some of the year's highlights such as Temasek's first retail bond and ultra-long deals from the Land Transport Authority (LTA).
Current volatility is expected to persist into 2019, and bankers are looking forward to more high quality retail bonds and possibly the first government guaranteed infrastructure deals.
"We believe 2019 will continue along the positive trajectory of second half 2018," said Samuel Chan, Standard Chartered Bank, head of capital markets, Singapore.
"SGD inflows into fund managers have been positive heading into 2019," said Mr Chan,
While new...