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Home / Capital / Brokers Calls

SINGA bonds a 'long term positive' for SGD bond market: Maybank KE

Broker's Calls

SINGA bonds a 'long term positive' for SGD bond market: Maybank KE

Jeffrey Tan Published on Mon, Feb 22, 2021 / 12:32 PM GMT+8

Singapore’s planned issuance of the SINGA bonds is a “long term positive” for the development of the Singapore dollar (SGD) bond market, according to Maybank Kim Eng (Maybank KE).

SINGA bonds – which will be used to finance the country’s major long-term infrastructure – can help add diversity to the existing Singapore Government Securities (SGS), says the brokerage.

SEE: Investment opportunities arise from sell-off in Singapore Government Securities, says DBS