Asian companies rush to tap bonds

22 Mar 2011

Asian bond issuers are lining up to the dollar market, moving to take advantage of improved sentiment after signs of stability in Japan.

Chinese property company Yanlord Land Group and policy lender Industrial Bank of Korea made plans to sell dollar bonds late on Tuesday. They were hoping to take advantage of a perception that Japan’s crisis is starting to stabilise — a view that pushed the country’s equity market up ...

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