Asia Pacific

The Hong Kong Exchange’s China Ministry of Finance Treasury bond (T-bond) futures were given a lukewarm reception by investors in the first two weeks of trading. But experts say demand will pick up as China’s onshore bond market opens up further later this year.

Bookbuilding for IRB InvIT Fund’s Rp46.5bn ($727.4m) IPO is having a slow start despite the hype surrounding India’s first infrastructure investment trust.

HSBC has reported a drop in overall profits for the first quarter of 2017, but strong growth in its Asian businesses as it continues to focus on the region.

Tokyo-headquartered Orix Corp, which provides financial and investment services, has tied up a $400m two year financing with a group of banks.

Crystal International Group has filed a listing application with the Hong Kong Stock Exchange for a $600m-$800m IPO.

ANZ’s cash profit jumped 23% in the six months ending March 31, buoyed by the lender’s moves to restructure its business and hive off some of its retail and wealth units.

The Securities and Exchange Commission of Pakistan is giving a fillip to its IPO market, rejigging rules to make the equity-raising process more efficient and less time consuming.

Sinochem Group subsidiary Sinochem International Corp is looking to raise $300m from a five year bond, according to a filing with the Shanghai Stock Exchange.

The Democratic Socialist Republic of Sri Lanka opened books for a new dollar offering on Thursday, braving a quiet week in Asia's debt capital markets.

European derivatives exchange Eurex yesterday appointed Romanos Daniel as its chief innovation officer, filling a new position that was recently added to its executive board.

Volvofinansbank today announced it would meet investors in Stockholm on Monday May 8 to present a framework for its inaugural green bond. The deal will be one of the few green bonds from the automotive sector.

Westpac has mandated leads for a roadshow to look at issuing a senior unsecured or covered bond in euros. The tight spread between the two asset classes could restrict covered bond supply.