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HOCK LOCK SIEW

Bond investors give home bias and Robert Kuok the thumbs up

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Mr Kuok's HK-based Shangri-La Hotel S$825 million 7-year 4.5 per cent bonds have shot to 102.68. The bonds are tightly held and potential investors are not able to find any stock on the secondary market, say private bank sources.

AS 2018 draws to a close, the local bond market isn't doing too badly, all things considered.

With two weeks left to end-2018, the Markit SGD corporates' total-return index is down a mere 0.16 per cent from the all-time high of 124.98 reached on January 16. The index has recovered quite a...

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