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S'pore bond market sees novel transaction that reduces risk
Pacific International Lines effected an 'intermediated exchange' - a faster way to refinance bonds
Add BT as a preferred sourcePublished Tue, Nov 21, 2017 · 09:50 PM
Singapore
THE Singapore bond market saw its first intermediated exchange of bonds this month, a novel transaction which reduces market risk exposure for issuers looking to refinance their debt before further interest rate hikes.
Singdollar bonds refinancing volumes are estimated to be S$15 billion in 2018 and S$11 billion in 2019.
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