Institutional demand seen for SINGA bonds that follow SGS structure
Analysts expect this as the new Significant Infrastructure Government Loan Act bonds will mirror their SGS peers in yield, tenor and structure
Add BT as a preferred source
Singapore
THE new Significant Infrastructure Government Loan Act (SINGA) bonds will qualify as liquid assets that financial institutions (FIs) can hold to meet regulatory requirements, The Business Times has learnt.
This is akin to how banks already do so with government bonds. Given that these SINGA bonds will mirror their Singapore Government Securities or SGS (Market Development) peers in yield, tenor and structure, they too are expected to attract institutional demand from banks and insurers, rather than retail investors who would favour shorter tenors and higher yields.
TRENDING NOW
Eligible Singaporeans to receive up to S$850 in GSTV cash, up to S$450 in MediSave top-ups in August
The quest for global capital: Vietnam eyes MSCI upgrade as Indonesia fights downgrade risk
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
