DBS handles $2.4b of bond sales; more to come

DBS Bank, the nation's largest debt player, has started the year with a bang - with a slew of bond sales involving multiple currencies.

In just two weeks, with fixed-income marketing hotting up, it has done more than $2.4 billion in deals - these include the year's first perpetual issue and first offshore yuan bond - as companies are jolted into action ahead of an expected interest-rate rise and investors are becoming active again.

Clifford Lee, DBS head of fixed income, said: "So far, activity has been good."