Investor demand drives new KBank 5bp inside curve

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By Virginia Furness
24 Apr 2014

Thai bank paper continues to be in favour with Kasikornbank pricing 5bp inside its existing curve, despite political headwinds.

The success of Siam Commercial Bank’s 3.5% 2019s, which was priced on April 2, helped to buoy investor support for the Kasikornbank deal.

Leads Barclays and Standard Chartered announced guidance at 200bp area over US Treasuries for Kasikornbank’s 5.5 year bond. Books were covered within the first 30 ...

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