Singdollar bond market surges, S$1.1b raised in March so far

Amount is triple the S$335m notched in the same period last year; equity market, in contrast, has yet to see its first IPO this year


THE Singapore dollar bond market is perking up, with funds raised so far this month more than three times the amount in the same period last year, as issuers dangle higher yields.

Including Wednesday's CWT Ltd issue, there have been eight issues, with over S$1.1 billion raised. In the same period last year, there were five deals worth S$335 million.

Year to date, the SGD bond market is still some ways behind. From Jan 1 to March 9, there have been 29 deals worth S$2.83 billion, which is 63...

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