Strong demand for PSA, UBS bond deals as market heats up

Published Wed, Aug 28, 2019 · 09:50 PM

Singapore

THE Singapore bond market is heating up again, meeting strong demand from investors for two deals launched on Wednesday morning.

The initial price guidance for the PSA 10-year US dollar issue was in the region of 100 basis points (bps) above the 10-year US Treasury UST. The 10-year UST quoted in the morning was 1.467 per cent.