Reported 3 months ago
In July 17, 2024, affluent individuals and corporations have teamed up to purchase high-yield U.S. dollar bonds, boosting the volume of international board issuances. The Securities and Futures Bureau reported that in the first half of the year, there were 71 new international board bond issuances totaling $6.085 billion, a significant increase compared to the 46 issuances totaling $4.224 billion in the same period last year. This growth is attributed to wealthy clients seeking better returns by investing in dollar-denominated bonds, with banks becoming the main buyers and sellers. With an increased demand for financial management services, international bonds are expected to continue growing throughout the year.
Source: YAHOO