Singapore dollar bonds

Private banks drive CCRE and Ascendas Singapore dollar bonds

Central China Real Estate offers the first double-digit yield on a bond in the Singapore dollar market, while Ascendas sells a S$300 million perpetual and Hutchison Whampoa meets Singapore investors.
<div style="text-align: left;">
Borrowers are pinning hopes on Singapore's bond market as the US dollar market remains difficult
</div>
<div style="text-align: left;"> Borrowers are pinning hopes on Singapore's bond market as the US dollar market remains difficult </div>

The Singapore dollar bond market was active this week — with Central China Real Estate (CCRE) and real estate developer Ascendas raising a combined S$475 million ($377 million). Though not exactly a huge amount, both deals give bankers a glimmer of hope that the Singapore dollar bond market will stay open even as a heavy pipeline looms.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media