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Are bond risks of developers really that worrying?

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Last week, credit rating agency S&P cast a spotlight on the bond risks of developers, saying that some small developers may face liquidity squeeze, making them more vulnerable to repayment risks on bonds outstanding.

WHILE debt woes have continued to plague the offshore marine sector since the fallout of Swiber Holdings, concerns over the health of the local bond market have risen. It is no surprise that the real estate sector have drawn some flak for potential repayment risks as it forms the lion's share of...

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