Covered bonds from S'pore banks on the cards
Sources say lack of clarity over title issues close to being sorted out
Singapore
THE first covered bond issue from a Singapore bank could finally be on its way as regulators near an agreement to open a market estimated to be worth S$25 billion.
Singapore's central bank set rules for covered bonds almost a year ago, but the first deals have been delayed for lack of clarity over title issues involving the city's pension fund.
