Mapletree perps up sharply in price from debut last Thursday
Sold at par, the bonds hit 101.069; bankers say the surge is due to pent-up demand for safe credits
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE price of Mapletree Investments perpetual bonds has shot up to 101.069 since its sale last Thursday as bond prices continue to rally.
The Markit iBoxx Singapore corporates return index on Monday hit 118.1742, and has risen every day since Jan 1.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
