Fund-raising frenzy: Bonds from Singapore-based issuers surged to $24.98b in 2014

DBS leads the underwriting race.

Firms are tapping both domestic domestic and foreign bond markets in a bid to raise funds, as Primary bond offerings from Singapore-domiciled issuers reached $24.98 billion (US$19.7 billion) so far this year, up 22.6% from the first nine months of 2013.

A report released today by Thomson Reuters reveals that this is the highest first nine months period since the record level in 2012 (US$27.7 billion).

Total proceeds during the third quarter of 2014 reached US$7.9 billion, a 23.1% increase from the second quarter of 2014 and a 60.3% growth from the third quarter of 2013.

Singaporean borrowers tapped the US-dollar bond market raising US$5.8 billion, a 47.5% increase in proceeds from the first nine months of 2013. Meanwhile, DBS Group Holdings currently leads the Singaporean-issued bonds underwriting this year, with related proceeds of US$4.3 billion from 45 new issues, and captured for 21.9% market share.

Also Read

Low inflation in Singapore unlikely to hold in 2Q24

Lower private transport costs ease inflation to 2.7% YoY in March

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit