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


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…