Asean

Hong Kong Exchanges and Clearing’s (HKEX) iron ore futures, which came to the exchange on Monday, enjoyed investor interest to the tune of 1,022 contracts during the day’s trading,

Sawit Sumbermas Sarana (SSMS), a high yield Indonesian palm oil producer, was forced to pull its debut dollar bond on Monday, failing to gain traction against a weak market backdrop.

Canadian insurance company Manulife Financial Corp kicked off a Singapore dollar-denominated subordinated green bond sale on Tuesday morning local time.

DBS Bank has mandated leads for a euro benchmark, capitalising on very tight spreads, the strong performance of its previous debut and a number of exceptionally well received seven year euro deals that have priced flat to mid-swaps.

Map Active, a unit of Indonesia-listed Mitra Adiperkasa, is sounding out banks for a $300m IPO that could take place next year, said a source close to the matter.

Singapore Exchange (SGX) on Monday announced the launch of new derivatives products based on the MSCI Emerging Markets and MSCI Emerging Markets Asia indices.

Indonesian palm oil producer Sawit Sumbermas Sarana (SSMS) launched its dollar debut on Monday morning local time.

Siam Commercial Bank closed its second dollar deal of the year on Thursday, leveraging on its rarity value as a Thai credit in the debt market, while also navigating a surprise hiccup near the end of bookbuilding.

Thailand’s Kasikornbank has mandated banks for a planned dollar bond, to be issued through its Hong Kong branch.

Canadian insurance company Manulife Financial Corp has named banks to lead a Singapore dollar-denominated subordinated green bond.

Chinese issuers are starting to look beyond US dollars for new fundraising opportunities, with attractive cross-currency swap rates — and the potential for diversification — making Singapore dollars and euro issuance the flavour of the month. Morgan Davis reports.

Indonesia’s Kawasan Industri Jababeka returned to the market on Wednesday, adding nearly $111m to its existing 2023s in an opportunistic tap.