Singapore mom-and-pop investors face losses as bond risks spread
This year's retail issues of Singdollar notes currently below par sales value
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SINGAPORE millionaires stung by the misery of recent bond defaults now have company as the fallout threatens losses for mom-and-pop investors.
All four new issues of Singapore dollar-denominated notes targeted at individuals this year have dropped below the par sales value, as failures in the broader market stoke speculation that non-payments will spread.
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