Bank is backed by strong balance sheet and track record in structuring deals
THE Singapore-dollar (SGD) debt market may have slowed down this
year but DBS Bank has powered ahead with foreign-currency bond deals,
raking in over S$18 billion worth of issues.
Bolstered by a strong balance sheet and a track record in structuring deals, DBS has arranged bond deals for clients beyond the region such as Turkey's Mersin.
DBS' S$18 billion worth of foreign-currency bond deals so far this year - made up of US dollar (USD) denominated and yuan bonds - is three times more than its SGD-denominated bond sales of S$6.1 billion.
"Activity in non-SGD has grown, it's more than it has ever been," said Clifford Lee, DBS Bank head of fixed income.
Bolstered by a strong balance sheet and a track record in structuring deals, DBS has arranged bond deals for clients beyond the region such as Turkey's Mersin.
DBS' S$18 billion worth of foreign-currency bond deals so far this year - made up of US dollar (USD) denominated and yuan bonds - is three times more than its SGD-denominated bond sales of S$6.1 billion.
"Activity in non-SGD has grown, it's more than it has ever been," said Clifford Lee, DBS Bank head of fixed income.
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