S'pore bond market sees novel transaction that reduces risk
Pacific International Lines effected an 'intermediated exchange' - a faster way to refinance bonds
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Hong Leong Asia acquires bomb shelter supplier Yong Tai Loong for S$90.7 million
From intern to C-suite: JPMorgan’s Teresa Heitsenrether on building a fully AI-powered ‘megabank’
Strengthening Asean’s economic resilience through RCEP’s 2027 review
Middle East-linked energy supply shocks put Asean Power Grid back in focus