The central bank released a consultation paper to review this move and is seeking feedback from the industry on whether the use of interest coverage ratio with a leverage limit is appropriate or if there are any other approaches or credit metrics to determine the amount of leverage.
SINGAPORE (July 10): In an effort to allow Singapore REITs (S-REITs) to better optimise their capital structure, the Monetary Authority of Singapore (MAS) last week announced that it is considering increasing the current gearing limit to 45%.
