DCM 2013: A half-year of records

By Rev Hui
02 Jul 2013

The first six months of 2013 have brought a glut of impressive results for the DCM market, with record volumes for dim sum bonds, global high-yield bonds and dollar-denominated issuance in Asia Pacific ex-Japan, according to Dealogic.

Global DCM revenue totalled $11.7bn, meaning that the business provided 32% of the world’s investment banking revenue — the highest first half percentage since 2009.

The extraordinary rise in high-yield bond volumes — which stand at a half year record high of $278.3bn, up 55% on the ...

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