April trumps January to top dollar DCM volumes

April was a month of records for dollar deals in Asia ex Japan's debt capital markets. Not only did it see the largest monthly volume of new issues ever — a staggering $33bn — but also the biggest bond from an Asian issuer for more than a decade. Bankers and analysts expect there to be little let-up in the months ahead, with oil companies and Indonesian credits dominating the line-up, writes Isabella Zhong.