BEA reopens bank capital market for Asia

BEA_Adobe_22May
By Alice Huang
22 May 2020

Bank of East Asia (BEA) sold the first Basel III compliant tier two dollar bond in Asia since the global outbreak of Covid-19. It raised $600m on the back of a book that was more than 8.5 times oversubscribed at its peak.


The Asian bank capital market started 2020 on a positive note. Bank Tabungan Negara sold the first subordinated Basel III-compliant bank capital deal from an Indonesian issuer in January, for instance. The $300m tier two bond was popular in both the primary and secondary market, trading 20bp ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.