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S'pore borrowers issue 16.6% less new debt in 2015

US$20.7b raised from capital markets, down from preceding year's US$24.9b
Tuesday, December 29, 2015 - 05:50

Singapore

SINGAPORE borrowers tapped the capital markets at a 16.6 per cent slower pace in 2015 amid an economic slowdown and expectations of higher interest rates.

Singapore-domiciled issuers borrowed US$20.7 billion from capital markets in 2015, down from the year-ago total

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