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CityDev bonds priced at 3% guidance due to strong credit standing
Published Tue, Mar 24, 2015 · 09:50 PM
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Singapore
CITY Developments Limited's latest five-year bonds sold at 3 per cent were aggressively priced due to CDL's strong credit standing and the lack of papers from blue-chip companies.
The tight pricing also took place amid rising interest rates.
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