, Singapore
137 views
Chart from Refinitiv

Debt capital markets activity drops 28% YoY in 9M23

Singapore also marked its lowest first nine-month total since 2015.

Singapore’s debt capital market activity in the first nine months of 2023 totalled US$16.7b, translating to a 28% YoY decline.

Data from Refinitiv showed that Singapore brought 42 new offerings to the market, which is lower than 9M22 when it brought 68 offerings.

Amongst sectors, Financials accounted for the majority of the proceeds (64%), raising US$10.7b.

Behind Financials is the Government and Agencies sector, which raised US$3.6b, accounting for 22% of the market share.

According to Refinitiv,  DBS Group Holdings topped the Singapore Debt Capital Markets underwriting league table in 9M23, with US$2.1b of related proceeds, or a 12.5% market share.
 

Follow the link for more news on

Join Singapore Business Review community
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!

Exclusives

ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
Retail
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.