Philippines and Kexim blow open bond market in fine style
The Republic of the Philippines and Export-Import Bank of Korea (Kexim) opened Asia’s bond market this week, selling deals that drew almost $20bn of demand between them. But despite the encouraging response, bankers are still cautious about launching riskier credits and think investors will be selective for some time to come.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts