Amid volatility, local bond market enjoying Goldilocks year so far
Issuances for this quarter is likely to be tepid, amid US rate rise concerns
Singapore
THE local bond market has had a Goldilocks year so far, not great but not so bad. For the first nine months of 2015, new issues totalled S$17.7 billion, which is down 11.5 per cent from the S$20 billion raised during the same period last year.
But contrast this with equity fund raising of Singapore companies which brought in a paltry US$91.7 million for the nine months of this year.
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