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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Performance

Singapore Bond sales beat record as economy fires, costs plunge

Posted on 26 August 2010

From Bloomberg: Temasek Holdings Pte. and CapitaLand Ltd. led borrowers that raised $14.1 billion this year, topping the record $13.2 billion of notes sold in 2001, according to data compiled by Bloomberg. The benchmark three-month interbank lending rate was last at 0.55708 percent, near the lowest since 1987, when data on the Monetary Authority of Singapore’s website starts.
“Singapore is going through an outstanding period of economic growth with most sectors performing well,” Aaron Russell-Davison, head of Asia debt syndicate at Standard Chartered Plc, said in a phone interview from the city-state……………………………………….Full Article: Source


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