Formosa bonds win over issuers with clear pricing advantages

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Formosa bonds win over issuers with clear pricing advantages

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Export-Import Bank of India priced a rare dollar Formosa bond from the country this week, bagging $400m. Cash-swamped dollar investors in Taiwan are desperate for diversification amid falling loan volumes, so the stage is set for borrowers to push for tighter pricing. Addison Gong reports.

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