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Singdollar bond market on track for another big year

The Markit SGD corporates total-return index touched a new high of 121.0897 on April 21 with hardly a breather in the past four weeks. It eased a bit on Monday and stood at 121.0841 on Tuesday.


THE multi-year bull party for Singapore bonds shows no sign of slowing as investors look for yield in a market where demand continues to outstrip supply.

The rally is also drawing more foreign issuers, with the largest foreign deal sold last week since 2015.


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