MAS' 10-Year Government Bond Auction Likely to Draw Fair Demand -- Market Talk
Dow Jones04-27 10:32
0232 GMT - The Monetary Authority of Singapore's 10-year government bond auction to be held on Tuesday is likely to draw fair demand, OCBC Group Research's Frances Cheung says in a research report. "A bond/swap spread at 6bps or below is likely seen as supportive" of demand, the head of FX and Rates Strategy says. The 10-year issue "provides opportunities for investors who are light in their positions of that tenor," Cheung says. The MAS is scheduled to auction S$3.2 billion of sovereign securities due March 1, 2035, with the central bank intending to take S$300 million.(ronnie.harui@wsj.com)
(END) Dow Jones Newswires
April 26, 2026 22:32 ET (02:32 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments