Amid volatile market, Asian deals on hold

Morgan Davis

August 15, 2018 10:15 am

Erdogan_Flags_Turkey_PA_230x150 — (180813) -- ANKARA, Aug. 13, 2018 (Xinhua) -- Turkish President Recep Tayyip Erdogan delivers a speech during Turkish ambassadors' conference at Presidential Palace in Ankara, Turkey, on Aug. 13, 2018. Turkish President Recep Tayyip Erdogan has denounced the Lira crisis as a "plot against Turkey," warning that his country will forge new alliances and markets in response to a bitter rift with long-time ally the United States, which has caused the Turkish currency to hit record lows. (Xinhua/Turkish Presidential Palace) (lrz) | Turkish Presidential Palace/Xinhua News Agency/PA Images

Asia’s offshore bond market ran to a near stand-still this week, with just one issuer selling a dollar bond. While the typical summer lull is to blame for at least some of the quiet, bankers were divided on whether the crisis in Turkey has made things worse for Asian issuers.

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Topics

Central and Eastern Europe (CEE)CEE Bonds EMEA Corporate Bonds Turkey Asia Asia Pacific Europe Emerging Markets CEE High grade and crossover bonds

MD

Morgan Davis

Deputy editor GlobalCapital Asia