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More foreign issuers target Singapore-dollar market amid volatility

Nov 21, 2018 - The Business Times Singapore

BANKERS here are hopeful that more foreign issuers will be making a beeline for the local debt market, in light of some major deals recently.

They say that foreign issuers are finding the Singapore dollar (SGD) market efficient and stable, relative to the bigger - but more volatile - US/Euro dollar markets.

Clifford Lee, DBS Bank's head of fixed income, said the recent SGD bumper deals by foreign issuers show that, while global markets as a whole are volatile, "the SGD market has, mo...