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DBS bags $18b of foreign currency bond deals in '13

Bank is backed by strong balance sheet and track record in structuring deals

Published Mon, Dec 9, 2013 · 10:00 PM

THE Singapore-dollar (SGD) debt market may have slowed down this year but DBS Bank has powered ahead with foreign-currency bond deals, raking in over S$18 billion worth of issues.

Bolstered by a strong balance sheet and a track record in structuring deals, DBS has arranged bond deals for clients beyond the region such as Turkey's Mersin.

DBS' S$18 billion worth of foreign-currency bond deals so far this year - made up of US dollar (USD) denominated and yuan bonds - is three times more than its SGD-denominated bond sales of S$6.1 billion.

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