Poging GOUD - Vrij
Snowballing cash levels in Singapore boost local bonds
The Straits Times
|September 05, 2025
The recent build-up of cash in Singapore's money market is strengthening demand for the nation's bonds, driving returns to near the highest in the region.
-
HONG KONG -
The cost of borrowing in the interbank market fell to the lowest since June 2022 this week, after tumbling more than 70 basis points in August.
Inflows driven by expectations of further currency strength, dwindling net bill sales and slower loan disbursals have enhanced the city's cash levels, a mix that is likely to keep overnight rates subdued.
Adding to its cash levels are foreign investments into Singapore's bonds, which are underpinned by the country's top credit rating.
The securities are increasingly viewed as safe haven alternatives to US assets amid concerns over President Donald Trump's fiscal policies.
"Singapore dollar liquidity conditions could remain flush in the near term amid demand for AAA-rated currency markets" and restrained property loan growth, said Mr Philip McNicholas, Asia sovereign strategist at Robeco in Singapore.
Dit verhaal komt uit de September 05, 2025-editie van The Straits Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Straits Times
The Straits Times
Malaysia urban rail operator rebounds from crisis after operational revamp
Prasarana eyes S’pore MRT’s reliability standard, after turnaround from multiple system failures and prolonged station closures
4 mins
October 14, 2025
The Straits Times
'Real progress' made in delivering aid to Gaza, says UN
Top UN humanitarian official Tom Fletcher said almost the entire Gaza population needs food aid.
2 mins
October 14, 2025
The Straits Times
Cordlife granted 14-day extension to respond on possible suspension
Private cord blood bank Cordlife has been granted a 14-day extension for it to respond to the Ministry of Health (MOH) on its possible suspension.
3 mins
October 14, 2025
The Straits Times
Xi calls for greater inclusion of women in politics and governance
Chinese President Xi Jinping on Oct 13 called for greater representation for women in politics and government at a global women’s summit in Beijing, a move he said would ensure that gender equality is “truly internalised” within society.
1 mins
October 14, 2025
The Straits Times
Work begins on HDB flats not announced for sale yet in Tampines and upcoming Berlayar estate
Hundreds of new HDB Build-To-Order (BTO) flats that have yet to be announced for sale are being built in Tampines and the upcoming Berlayar estate — a residential area being developed at the site formerly occupied by Keppel Club.
3 mins
October 14, 2025
The Straits Times
Hidden barriers to healthcare for people with intellectual disabilities
Many face difficulties getting diagnoses and treatment; efforts afoot to tackle issue
6 mins
October 14, 2025
The Straits Times
Japan wraps up unexpectedly successful World Expo
TOKYO - Japan brought down the curtain on Oct 13 on the six-month World Expo, having surmounted initially tepid public enthusiasm, contaminated fountains and swarms of pesky flies to welcome more than 27 million visitors.
2 mins
October 14, 2025
The Straits Times
Indonesia nearly doubles lawmakers' recess allowance
Indonesia has nearly doubled a key allowance for its lawmakers, an official said on Oct 13, one month after cancelling some of the benefits for parliamentarians in an effort to assuage public anger following a series of violent demonstrations.
2 mins
October 14, 2025
The Straits Times
Flu surge puts Penang on alert as authorities urge residents to stay vigilant
Penang is one of the worst hit for influenza-like illness (ILI) cases in Malaysia, the state government revealed.
2 mins
October 14, 2025
The Straits Times
Peace finally descends on the Middle East: Now the battle to make it last begins
There were cries of joy throughout Israel on Oct 13, as all the country's living hostages were released from the captivity of Hamas, the radical Palestinian militia in control of Gaza.
4 mins
October 14, 2025
Listen
Translate
Change font size