Singapore Exchange Ltd. (SGX), Southeast Asia’s largest bourse operator, is seeking to become a venue for infrastructure bonds as a slump in initial public offerings of shares threatens earnings.
Local-currency debt issuance in Singapore, one of seven nations with AAA ratings and stable credit outlooks, reached a record S$30.7 billion ($25 billion) so far this year, beating an annual high of S$24.7 billion in 2010, according to data compiled by Bloomberg New. Full story
