SSA - All articles

  • Indonesia snags a bargain with cheaper dual-trancher

    The Republic of Indonesia started 2015 in style on January 8 with a $4bn dual trancher that was five times subscribed. The overwhelming demand meant the sovereign was able to shave 150bp off its funding costs.

    • 15 Jan 2015
  • Indonesia cuts costs with $4bn bond

    Republic of Indonesia started 2015 in style on January 8 with a $4bn dual tranche behemoth that was five times subscribed. The overwhelming demand meant the sovereign was able to shave 150bp off its funding costs.

    • 09 Jan 2015
  • Indonesia follows Philippines into dollars

    One of Asia’s most consistent sovereign issuers, the Republic of Indonesia, kicked off its first bond of the year on Thursday, January 8. The deal comes just days after the Republic of Philippines successfully sold a $2bn 25 year bond as part of an accelerated switch process.

    • 08 Jan 2015
  • Philippines' 25yr bond thrives amid volatility

    The Republic of the Philippines overcame an unusually sluggish market this week to print a $2bn bond as part of an accelerated switch process. The Asian bond market was quieter than normal in the first week of the year, thanks to high volatility caused by plummeting global oil prices and fears of a default in the Chinese property sector.

    • 07 Jan 2015
  • Philippines' accelerated switch kicks off 2015 bond issuance

    Republic of the Philippines has become the first Asian issuer out of the blocks in 2015, launching a new 25 year bond and giving investors the option to switch out of 15 outstanding deals.

    • 06 Jan 2015
  • China’s Ningxia region mulls landmark sukuk

    China’s Ningxia Hui Autonomous Region (Ningxia) is looking for new funding channels in 2015 and could opt for sukuk and/or conventional offshore dollar bonds for total funding of $1.5bn. A sukuk deal would make Ningxia the first ever Chinese issuer of sukuk, and tapping the offshore market would make it the first Chinese sub-sovereign issuer to tap overseas markets without using a subsidiary company as the issuing vehicle.

    • 05 Jan 2015