Investors find safe haven in SG govt, statutory board bonds (Amended)
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
NERVOUS markets are pushing prices of Singapore government debt and statutory board bonds up, although on thin trade.
Yield on the 10-year Singapore Government Securities has fallen to 2.07 per cent on Feb 10 from 2.26 per cent on Jan 29 while prices have risen to 102.58 from 100.97 over the same period. Bond yields fall as prices rise and vice versa.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report