Chart of the Day: SG-based issuers' primary bond offerings raise $28.2b in H1 2021
Companies from the financial sector captured a 54.4% market share and raised $15.3b.
This chart from Refinitiv shows that primary bond offerings from Singapore-domiciled issuers witnessed a record start raising $28.2b (US$21b) in the first half of 2021.
This is a 76% jump compared to the same period in 2020.
Singaporean companies from the financial sector captured a 54.4% market share and raised $15.3b (US$11.4b) during the first half of this year, 99.3% higher from the same period last year.
Real estate firms followed behind with an 18.9% market share worth $5.4b (US$4b), up 107.8% from a year ago. Industrials rounded out the top three with a 10.3% market share.
DBS Group leads the Singapore bonds underwriting with $3.4b (US$2.5b) in related proceeds, capturing an 11.7% market share.