High profile companies kicked off SGD corporate bond issuance

SGD corporate bond issuance may impede low interest rates, according to OCBC.

Growing recognition that record low interest rates may not last with rising inflation due to the SGD corporate bond issuance kick off last week.

CapitaMalls Asia’s plan to issue up to $200m dual-tranche 1-and 3-year bonds and GuocoLand Ltd’s sale of $150m 3-year fixed MTN supported the SGD corporate bond issuance.

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