HOCK LOCK SIEW
Rates gaming on mortgage relief in Singapore set to unwind
12 Nov 2020 - 05:50
ON THE surface of it, having S$29 billion or about 15 per cent of outstanding mortgages in Singapore at end-August under deferred payments, should ring some alarm bells.
But that headline figure masks some rates-arbitrage that has been taking place.
This is very likely in the
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