Chart of the Day: Firms in the financial sector raised US$17.3b from bonds

It took up 57.9% of the total bond proceeds issued by Singapore borrowers.

This chart from Thomson Reuters shows Singaporean companies from the financials sector tapped the bond markets and raised US$17.3b, a 16.6% increase in proceeds compared to the same period last year.

Financials captured 57.9% of the total bond proceeds issued by Singapore borrowers.

Energy & power witnessed a significant increase in proceeds, raising US$3.2b so far this year compared to only US$550.4m from last year.

Real estate also witnessed more activity raising US$2.3b, a 116.3% increase from 2016 and accounted for 7.7% market share. 

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