BNY Mellon US Municipal Infrastructure Debt Fund: An investment that investors could consider in turbulent markets

Interest rate hikes and geopolitical tensions have caused great market volatility. However, thanks to high credit ratings and low correlation with other asset classes, US municipal bonds could potentially offer investors a way to mitigate risk and sail through the current turbulent times. US municipal infrastructure bonds are issued by US states, cities or local […]

Retail investors’ muted response to S’pore’s 1st sovereign green bond expected given long tenor: Analysts

SINGAPORE – The muted response from retail investors to Singapore’s inaugural sovereign green bond was expected given the product’s 50-year tenor, analysts said. The lengthy period before the bond matures seems daunting to many individuals but is seen as being more appropriate to institutional investors such as pension funds and insurance companies that have long-term […]

Country Garden sells stock as liquidity worsens for China developers

HONG KONG (BLOOMBERG) – Country Garden Holdings is looking to raise about HK$2.83 billion (S$500.7┬ámillion) selling new shares at a discount, highlighting the sense of urgency among Chinese property developers to raise cash amid an industrywide liquidity crunch. The country’s largest developer by sales is offering 870 million shares at HK$3.25 apiece, according to a […]

BT Podcast: Asia IG bonds resilient in rate-rising environment

Synopsis:┬áThe Business Times Podcast channel showcases niche series Money Hacks, Mark To Market and WealthBT, and sponsored series. Bond investors are avoiding Asia’s emerging markets as the region’s resilience to the global inflation threat shows signs of cracking. But there are still opportunities in the Asia IG bond space as correspondent Howie Lim finds out […]