Singapore bonds resilient amid equity, currency jitters
Singapore Fixed Income index outperforms Straits Times Index year-to-date
Singapore
THE Singapore bond market is holding up rather well amid a stockmarket sell-off and curency jitters as bond investors remain comfortable with local issuers.
On Monday, the Singapore Fixed Income index (SFI) rose 0.31 to 120.06. Year-to-Sept 28, the SFI outperforms the Straits Times Index by 17.48 per cent (+0.45 per cent vs -17.03 per cent). The all time SFI high is 121.771 on Jan 26, 2015.
In a review for the week ended Sept 25, the Singapore Exchang…
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