{
  "id": 7656392,
  "title": "Singapore’s covered bond boom is largely a DBS story",
  "url": "https://urgent.news/2026/09/15/singapores-covered-bond-boom-is-largely-a-dbs-story",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T23:00:00.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/singapores-covered-bond-boom-largely-dbs-story"
  },
  "original_language": "en",
  "account": "Singapore's covered bond market has experienced significant growth, with outstanding funds rising from S$17.3 billion in 2021 to S$29.8 billion in 2025. This growth rate of 15% annually has been driven primarily by local banks, with one bank, DBS, playing a dominant role. The Monetary Authority of Singapore (MAS) reported this data in its latest annual update on the corporate debt market, released on September 14.",
  "summary": "The market has grown rapidly, but a closer look shows the three local banks are using this funding tool very differently",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}