Singapore Fixed Income Indices (SFI) Weekly

Below are key highlights for the week ending 14 March 2014 (please click on the attachment for further detail):

• The SFI gained 0.07% to 116.47. 

• Interest yield for bonds hit 2.86% on Tuesday, the highest in over two years.

• YTD, the SFI has outperformed the STI by 4.20%.

• YTD, corporate bonds outperform broader SGD bond market: 1.35% vs. 1.24%.

• Duration of the SFI Industrial Bond Index is at a 52-week low (4.10 years).  Meanwhile, duration of the SFI Financial Bond Index is at a 52-week high (5.69 years).

SFI Returns

Source: Thomson Reuters Datastream (data as of 17 March 2014)