Singapore Bond Market Frenzy Distorts Credit Costs, S&P Says

Updated on
  • Flight to quality names has been a bit irrational: analysts
  • ‘Limited differentiation’ seen in Asean firms’ funding costs

Singapore Sees Bond Market Frenzy

Corporate bond offerings by some of Singapore’s biggest companies are drawing such strong demand from investors that they are artificially lowering borrowing costs for weaker borrowers, according to S&P Global Ratings.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.