Singdollar bond issue down to a trickle amid interest rate volatility
Feb tally of S$50m so far a sharp contrast to Jan's S$2.2 billion; but bankers say longer-term bond financing still has non-rate benefits
Singapore
THE Singapore dollar bond market has almost ground to a halt as interest rate volatility continues to roil markets.
Two weeks into February there has been only one issue worth S$50 million, in contrast to last month's brisk issuance momentum carried over from 2017 when volumes reached the highest in 12 years.