本帖最后由 夕阳剪影 于 10-7-2012 10:32 编辑
Singapore may issue inflation-linked bonds-report
SINGAPORE, July 10 (Reuters) - The Monetary Authority of Singapore is studying the possibility of issuing the country's first inflation-linked bonds as part of measures to help savers cope with high inflation and low interest rates, the Straits Times reported on Tuesday.
Inflation-linked bonds, which typically pay a rate directly linked to changes in the consumer price index, will help citizens cope with inflation that is currently running at over 5 percent per annum.
Saving deposits in the city-state currently pay as little as 0.1 percent per annum while 10-year Singapore government bonds are trading at yields of around 1.45 percent.
"The government is mindful of the problems such an environment poses to savers and depositors," the Straits Times
cited Minister of State for Education and Defence Lawrence Wong as saying.
Wong was speaking on behalf of Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.
Singapore's inflation slowed to 5 percent in May from a year ago, but remained high compared to other Asian countries due to a shortage of homes and to measures that cap the number of motor vehicles on the roads, which sent car prices spiralling higher.
(Reporting by Charmian Kok; Editing by Kevin Lim)
REUTERS
Reut 23:53 07-09-12
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