Bonds from NTUC, ICICI

NTUC beats summer lull with blockbuster bond

Investment-grade names find liquidity despite the summer holiday season.
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NTUC Income's bond sale attracted record demand in Singapore
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<div style="text-align: left;"> NTUC Income's bond sale attracted record demand in Singapore </div>

August used to be a time when investors packed their bags and headed off for summer vacation, but not anymore. On Tuesday, Singapore’s NTUC Income Insurance Cooperative and India’s ICICI Bank both closed heavily subscribed bond offers, suggesting there is plenty of liquidity for the right names.

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