Asian USD debt undervalued and will outperform: Citi

Strengthening domestic demand combined with dwindling exports has led to a currency depreciation that has left Asian US dollar debt undervalued, according to Citi.

  • 05 Jul 2012
Asian debt valuations are at historically low levels, but unlike during the Asian financial crisis, this is not due to domestic distress. Developed world struggles have been priced in to Asian valuations leaving outstanding relative value in Asia’s US dollar bond markets, according to John Woods, chief Asian ...

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1 Citi 35,453.86 201 7.75%
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5 BNP Paribas 17,722.61 95 3.88%

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1 Citi 8,173.59 31 11.87%
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1 JPMorgan 16,214.73 59 11.76%
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5 BNP Paribas 8,469.15 23 6.14%

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1 Standard Chartered Bank 2,621.45 21 16.37%
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