SGD-denominated bonds reach record semi-annual volume

Primary bond offerings increased by almost 46% to 61 issuance worth S$14.2 billion.

According to Thomson Reuters, rhe Singapore-dollar bond market witnessed issuance at a record pace as borrowers tapped the nation's local debt market with 61 primary bond offerings worth S$14.2 billion (US$11.2 billion) so far this year, up 45.8% from the first half of 2011.

Here's more from Thomson Reuters:

Despite the 19.8% slowdown in the second quarter of 2012 (S$6.3 billion) from last quarter (S$7.9 billion), total proceeds raised this year in Singapore's local currency market is the highest semi-annual volume on record.

The start of 2012 notably saw a stream of perpetual bonds with Genting Singapore offering the largest-ever single-tranche issued in Singapore’s local currency market worth S$1.8 billion (US$1.4 billion), followed by a second issue worth S$500.0 million. Perpetual bonds registered 28% of all Singapore dollar-denominated bonds sold this year, or S$4.0 billion (US$3.2 billion).

Meanwhile, Asia Pacific’s collective local currency bond volume amounted to US$257.9 billion, where Singapore dollar bond sales accounted for 4.4%. Southeast Asia’s aggregate local currency bond offering saw 195 issues worth US$22.8 billion in proceeds, a 21.7% increase from the first half of 2011, with 33.2% captured by Singapore-dollar bond issuance.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia