Visitors take photographs at the Merlion park in Singapore on August 13, 2019. - Singapore further cut its annual growth forecast on August 13 as the escalating US-China trade war hammers exports, in another ominous sign for Asia's trade-reliant economies. (Photo by Roslan RAHMAN / AFP)
TOKYO: Singapore is offering a rare opportunity to buy positive-yielding quality bonds in a world that’s rapidly turning negative.
The city state, which pays the highest returns among economies that have AAA credit ratings from all three major agencies, will sell reopened July 2029 government debt worth S$2.9 billion ($2.1 billion) on Wednesday, the second-largest amount on record for 10-year tenors.
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