Bonds sizzle as public holiday encourages supply
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: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
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.
