UOB on Friday (Sep 6) said it priced £750 million (S$1.3 billion) of floating rate covered bonds due 2027, under the bank’s US$15 billion global covered bond programme. The bonds are expected to be issued on Sep 13.
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Global hedge funds hammered by AI sell-off this week, Asia managers lead losses
Global AI stocks collectively have been sold by long-short fund managers for six straight sessions
