Singapore aims to raise at least S$1.5bn ($1.1bn) via the sale of an inaugural green bond, according to officials. Part of a sovereign and public sector issuance program worth as much as S$35bn, the debt will be launched via a book-building process within the week, the Monetary Authority of Singapore said in a statement yesterday. Lenders Barclays Plc and UBS Group AG are both marketing dollar notes on Monday. Puerto Rico's Electric Power Authority and its creditors will again have more time to negotiate a deal to slash $9bn of debt as the judge overseeing the utility's bankruptcy extended the deadline by two weeks. Global green bonds just posted their first month of positive returns in a year, outperforming broader debt in a move that's likely to spur pent-up investor appetite for the asset class. MENAFN01082022000067011011ID1104627433