Asia Pacific

Derivatives post-trade initiatives are on the rise in Asia, said post-trade services operator TriOptima, arguing that the region is trying to improve its fragmented regulatory framework and adhere to global financial standards.

Public sector issuers are printing at the short end of the dollar curve, a tactic they are likely to stick to in the build-up to the next US Federal Reserve rate decision on June 15, said bankers.

National Australia Bank extended its curve with a dual-tranche offering on Tuesday, as Aussie banks return to the market following Westpac’s dollar effort.

China Nuclear Engineering Group Corp (CNEC) is set to issue its debut dim sum this month, after failing to pull off a deal last year amid poor sentiment around offshore renminbi (CNH) bonds, GobalCapital Asia's sister publication GlobalRMB learnt this week.

There are fresh signs that the China Securities Regulatory Commission is looking to crack down on backdoor listings by overseas-listed Chinese companies, with talk that it could move to block such deals. While clamping down on excessive speculation for reverse takeovers will do the market some good, the regulator should refrain from meddling.

The global infrastructure gap is yawning ever wider, with demand potentially reaching nearly twice the existing $50tr valuation of global infrastructure by 2030, by some estimates. And while the G20 has committed to making its multilateral development banks expand their lending and increase the impact of their activities, any realistic increase won’t be nearly enough to fill the infrastructure hole

South Korea’s stock exchange is planning to push companies listed on its boards to offer more of their disclosures in English alongside Korean to satisfy global investors.

The Pakistan government is planning to sell shares in a pair of energy companies, following approval from the country’s privatisation authority.

Loans for financial institutions continue to flourish in general syndication, with deals for State Bank of India and Malaysia's Maybank progressing smoothly.

Agricultural Bank of China New York raised $1.25bn from a dual-tranche offering on Monday, hitting the market early given expectations of more supply over the week. The issuer sealed a bigger floating rate note as it provides protection against volatility induced by the Federal Reserve, but executed the trade in an unusual manner.

India's ONGC Videsh has lined up six lenders for a $1.268bn nine month loan to support its acquisition of a stake in oil fields in Russia.

A Singapore-based banker who is part of the syndicated finance team at DBS will be moving to a new role next week, according to sources.