MAS's 15-Year Government Bond Auction Likely to Attract Fair Demand -- Market Talk
Dow Jones
Jun 25, 2025
0233 GMT - The Monetary Authority of Singapore's auction this Thursday of S$1.6 billion of 15-year government bonds is likely to attract fair demand, says Frances Cheung of OCBC's Global Markets Research and Strategy in a note. The size of the auction is in line with expectations and this bond will probably become the new 15-year benchmark issue, the head of FX & Rates Strategy says. Also, Singapore government securities are AAA-rated and stand to benefit from safe-haven flows or flows diverted from USD assets, Cheung adds. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 24, 2025 22:33 ET (02:33 GMT)
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