Gangbuster May for the Singapore bond market
Month saw 28 deals worth S$3.4 billion, the highest monthly volume since November 2013
Singapore
THE Singapore bond market had a gangbuster May as corporates and investors engaged each other following a slow first quarter.
May saw 28 deals worth S$3.4 billion done, the highest monthly volume since November 2013 which had 16 issues valued at S$4.3 billion. The S$3.4 billion raised in May 2015 was 13 per cent higher than the S$3 billion done in the same month last year.
The Markit iBoxx SGD corporate total return index stood at 113.1 on Tuesday, up 1.9 per cent year to date.
DBS Bank, the SGD bond market leader, saw its performance surge, with 52 per cent market share, up from 29 per cent i…
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