Singapore companies' share of debt listings on the rise
SINGAPORE companies are contributing a larger slice of the country's listed debt market this year amid robust capital inflows and a low interest rate environment, market observers said.
The year-to-date new bond listing volume on the Singapore Exchange (SGX) grew 18 per cent to S$141.7 billion as at end-August, according to an SGX report.
Singapore companies contributed 16 per cent, or S$22.7 billion, of that volume, an increase from the 13 per cent share a year ago. The year-to-date proceeds raised by Singapore issues was 73 per cent higher than in the year-ago period.
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