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PR Newswire
10-01-2011, 04:05 PM
Jan 10, 2011
S'pore Govt bonds for trading on SGX in mid-2011
By Lyn Chan
RETAIL investors will have a safe alternative to bank deposits come middle of 2011, when Singapore Government bonds will be made available for trading on the Singapore Exchange.
Finance Minister Tharman Shanmugaratnam revealed this in parliament on Monday, noting that Singapore's capital market will continue to develop, offering more investment alternatives.
He said, "These include instruments that offer better returns than savings deposits - but without overly high risk."
He added that well-rated corporate bonds are also becoming more widely available as more high quality-corporate borrowers are turning to the bond market to meet their financial needs.
With some of these bonds targeted at retail investors, such bond issuance can be expected to be a growing trend in coming years.
S'pore Govt bonds for trading on SGX in mid-2011
By Lyn Chan
RETAIL investors will have a safe alternative to bank deposits come middle of 2011, when Singapore Government bonds will be made available for trading on the Singapore Exchange.
Finance Minister Tharman Shanmugaratnam revealed this in parliament on Monday, noting that Singapore's capital market will continue to develop, offering more investment alternatives.
He said, "These include instruments that offer better returns than savings deposits - but without overly high risk."
He added that well-rated corporate bonds are also becoming more widely available as more high quality-corporate borrowers are turning to the bond market to meet their financial needs.
With some of these bonds targeted at retail investors, such bond issuance can be expected to be a growing trend in coming years.
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