The Wall Street Journal, 26 Jun 2009, Dow Jones
SINGAPORE (Dow Jones)--Singapore will allow retail investors to trade in Singapore government bonds starting Wednesday as demand for less complex financial instruments are increasing, the country's senior minister and chairman of the central bank Goh Chok Tong said Friday.
"Because of rising interest among individual investors to purchase SGS (Singapore Government Securities), from 1st July, individuals will be able to participate in SGS auctions by submitting bids through the ATMs, similar to bidding for an equity IPO (initial public offering)," Goh said.
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