<\/p>\n
Financial institutions remain the leading issuers across both Singdollar and non-Singdollar bonds.<\/p>\n
The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion.\u00a0<\/span><\/p>\n This comprises new issuances for short-term and long-term Singapore dollar and non-Singapore dollar debt, according to the Monetary Authority of Singapore\u2019s (MAS) Corporate Debt Market Development Report 2025.<\/p>\n The report, published, showed that in 2024, issuance volumes in Singapore \u2013 for long-term total Singdollar and non-Singdollar bonds \u2013 hit US$75 billion, 15 per cent higher than the average issuance volumes in the past five years.<\/p>\n Excluding a large multi-tranche issuance that resulted in a record issuance volume in 2023, Singapore\u2019s bond issuance grew 67.1 per cent year on year in 2024, MAS said. This comes as global bond issuance volume rose to US$9.1 trillion in 2024, amid interest rate cuts which lowered borrowing costs and encouraged issuers to capitalise on more favourable financing conditions.<\/p>\n Financial institutions (FIs) remained the leading debt issuers across both Singdollar and non-Singdollar bonds in 2024.<\/p>\n Total outstanding debt arranged by FIs in Singapore rose 9 per cent year on year, to S$617 billion.<\/p>\n FIs drove issuances in the non-Singdollar market, with their share increasing 23.7 per cent and issuance volumes rising S$92 billion in 2024, due to the need to fund growth in their asset books.<\/p>\n MAS noted that Singapore continued to be an attractive funding destination for global corporates.<\/p>\n For the Singdollar market, growth in issuances was broad-based across financial institutions, corporates and statutory boards, supported by lower rates and tighter credit spreads.<\/p>\n MAS also pointed out that Singapore is well-positioned to support growth in the digital corporate bond market.\u00a0<\/span><\/p>\n While digital bond adoption remains at an early stage relative to traditional bond markets, the technology\u2019s potential to enhance efficiency and lower costs indicates promising growth prospects, said the authority.\u00a0<\/span><\/p>\n It added that, in 2025, it launched the Global-Asia Digital Bond Grant Scheme to support digital bond issuances and facilitate mainstream adoption.<\/p>\n As at the end of 2024, Singapore\u2019s digital corporate bond issuance totalled around US$2.5 billion, from a range of issuers which included corporations, financial institutions and special purpose vehicles. \u00a0<\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Financial institutions remain the leading issuers across both Singdollar and non-Singdollar bonds. The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion.\u00a0 This comprises new issuances for short-term and long-term Singapore dollar and non-Singapore dollar debt, according to the Monetary Authority of […]<\/p>\n","protected":false},"author":1,"featured_media":4657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/08\/Singapore-89-1020x445.jpg",1020,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/08\/Singapore-89-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/08\/Singapore-89-300x200.jpg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/08\/Singapore-89.jpg",1020,680,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=4656"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4656\/revisions"}],"predecessor-version":[{"id":4658,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4656\/revisions\/4658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/4657"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=4656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=4656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=4656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}