SINGA issues will deepen liquidity in local bond market
They will widen institutional investor base, develop industry expertise, and help the market mature
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Singapore
THE sum of S$90 billion in Significant Infrastructure Government Loan Act (SINGA) bonds - including green infrastructure bonds - though a drop in the ocean of the global bond market, will go a long way to deepen Singapore's bond market and institutional investor base, as well as develop much-needed expertise among banks and ratings agencies.
This will help Singapore to cement its status as a green and infrastructure financing hub, market watchers say.
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