Go back to the late 1990s, when the Singapore government first started issuing bonds. It was relatively easy for income investors – the 10-year bond yield was hovering over 4% and therefore this could play a significant anchor role in any allocation, with other allocations – such as REITs – being used to ‘juice up’ the yield to over 5%.
Trending
- Alleged defilement of girlfriend: 23-year-old student freed after two years
- We’re not aware of any BoT in Labour Party — NEC
- Anambra police station attacked, set ablaze
- National Convention: We gave INEC over 100 days notice – LP
- Naira falls against dollar by 0.7%
- Delta Killings: Traditional ruler declared wanted surrenders self
- 3rd Mainland Bridge: Minister gives date for full reopening
- Eve’s Desire: Challenges of a loveless marriage, by Tiwa Says