Outlook for the week
Key economic releases for the week
Last week summary
Primary market activity in Asia hit a new record high. 15 new issues were priced on 15th
October, the highest number of new bonds priced in a single day. This week is also the
second highest weekly volume ever registered for Asia G3 primary markets.
Soilbuild Business Space REIT reported a 16.5 per cent increase in net property income to S$19.7 million for the third quarter to September. The REIT managed to generate a higher net property income as a reversal was made of allowance for doubtful receivables/provision for rent waivers of S$1.5 million as well as lower property taxes.