Asian bond issuers set frenetic pace

US dollar_Adobe_24July
By Morgan Davis
22 Oct 2020

Asia’s dollar bond market has seen a big bump up in volumes this month, as issuers rush to get ahead of the US presidential elections and take advantage of still supportive markets. DCM bankers are expecting a much quieter year end — but they admit anything can happen. Morgan Davis reports.

Last week, Asia ex-Japan dollar borrowers sold nearly $16bn of deals, according to Dealogic. This week, issuance hit about $8.5bn between Monday and Wednesday. That follows $53bn of issuance in September and $23.8bn in August. Last year, October volumes were $27.4bn — a number that has already been ...

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