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

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