Boom time for bond market

Blowout week in debt capital markets while equity volume comes from an unexpected source

Equity Capital Markets

Just over $1 billion was raised this week the equity capital markets. SM Investments completed its IPO late on Thursday to boost an otherwise quiet market. Macquarie ran the books on the deal that pushed it into fifth place in the table with $590 million. This is the fourth deal of the year to come out of the Philippines and pushes the funds raised to almost $1 billion - eight times the $123...

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