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Negative bond yield arrives in S'pore with UOB's 1b-euro issue
Published Wed, Nov 25, 2020 · 09:50 PM
Continued from Page 1
"Market consensus is that yields will start to rise alongside an economic recovery from the global pandemic. If DBS and OCBC agree with this, they could take this opportunity to raise capital cheaply before yields rebound," Mr Oh said.
DBS and OCBC did not respond to press queries directly on whether they would issue such bonds.
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