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S'pore bond market faces S$22b refinancing bill
Bankers expect restructuring and refinancing to remain as dominant themes for 2017
Published Mon, Dec 19, 2016 · 09:50 PM
Singapore
SINGAPORE dollar bonds worth S$22 billion are callable or due to mature next year, exposing issuers and investors to refinancing risks as borrowing costs rise in the US.
The US Federal Reserve last Wednesday raised policy rates by 25 basis points (bps) and surprised markets with guidance for three, i…
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