Singapore banks’ net capital-bond supply, which includes AT1s and T2 bonds, is expected to be negative this year. And this is possibly due to low refinancing needs and sluggish loan growth potential. So as potential rate cuts are bringing focus back to our local bank’s potential bonds issuance this year, how might the bank’s low funding needs limit their capital bond supply in 2024? On Money in the Market, Hongbin Jeong speaks to Rena Kwok, Credit Analyst, Asian Financials, Bloomberg Intelligence, to find out more.