Chart of the Day: Firms in the financial sector raised US$17.3b from bonds

It took up 57.9% of the total bond proceeds issued by Singapore borrowers.

This chart from Thomson Reuters shows Singaporean companies from the financials sector tapped the bond markets and raised US$17.3b, a 16.6% increase in proceeds compared to the same period last year.

Financials captured 57.9% of the total bond proceeds issued by Singapore borrowers.

Energy & power witnessed a significant increase in proceeds, raising US$3.2b so far this year compared to only US$550.4m from last year.

Real estate also witnessed more activity raising US$2.3b, a 116.3% increase from 2016 and accounted for 7.7% market share. 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley