Wealth and Asset Management
Private Bankers Cool on Singapore Bonds
Private bankers say they are avoiding Singapore’s riskiest bonds as a slowing economy worsens corporate finances and shrinking issuance makes refinancing harder. Non-bank corporate bond offerings fell 38 percent to S$1.63 billion ($1.2 billion) last quarter from the preceding three months, the slowest start to a year since 2013, data…
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Click here to read the full story: Bloomberg