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ST Telemedia's first benchmark-sized SGD perpetual of the year gets sizzling reception

Published Thu, Jun 25, 2020 · 09:50 PM

Singapore

THE local bond market is opening up nicely with hot demand for the Singapore Technologies Telemedia (STT) perpetual deal, which has come hot on the heels of Swiss Re's S$350 million 15-year issue at 3.125 per cent done on Wednesday, pulling in orders of more than S$1.4 billion.

Orders for STT's S$375 million benchmark size NC 7 perpetual …

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