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MAS increasing monthly issuance size of Singapore Savings Bonds to $200 mil

PC Lee Published on Mon, Apr 02, 2018 / 5:12 PM GMT+8

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SINGAPORE (Apr 2): The monthly issuance size of the Singapore Savings Bond (SSB) programme will be increased to $200 million from $150 million from April.

This is in response to the increasing demand for SSB, which saw oversubscriptions in two issues since the start of the year, says the Monetary Authority of Singapore (MAS) on Monday.

More than $500 million of SSB have been issued so far this year, and around $2 billion of SSB will be offered in 2018.

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