Bonds sizzle as public holiday encourages supply

07 May 2011

Asian bond issuers hit the market in force at the end of last week, scrambling to sell bonds at the same time — despite the risk of overcrowding — to avoid what is expected to be a slow start to this week as Hong Kong investors take a public holiday.

At least seven Asian borrowers tapped the international bond market last week, raising a total of $3.15bn. The heavy volumes came despite a slow start: India’s Syndicate Bank was the only issuer to sell a deal before Thursday, leaving six different bond issuers competing for cash at the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

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: or find out more online here.