Singapore Maybank hopes to get $500m from Sing-dollar bond issue
Singapore Maybank hopes to get $500m from Sing-dollar bond issue By SIOW LI SEN (SINGAPORE) Maybank is the latest to offer high-interest-bearing notes to interest-starved investors. It is also the Malaysian bank’s first Singapore-dollar bond issue - and further proof that the local market has become attractive for foreign issuers. Maybank expects to raise at least $500 million from its maiden Sing-dollar issue launched yesterday. The indicative interest rate for the securities is 5.9-6.1 per
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