Asia Pacific
-
Sweden’s Stadshypotek priced a A$750m inaugural transaction on Friday, paying only a small premium over where it would have funded in the domestic market.
-
The UK’s financial centre will play a supporting role to Hong Kong in the internationalisation of the renminbi but in the near term is unlikely to catch up with the special administrative region.
-
Sweden’s Stadshypotek on Thursday became only the fourth issuer to launch a benchmark Kangaroo covered bond. Despite an explosion of domestic supply this year the global appetite for Australian dollars remains strong, which bodes well for other Nordic issuers looking at inaugural trades.
-
Top 3 Offshore RMB DCM Transactions - 2012 YTD
-
The percentage of those bullish on global emerging markets, especially for the short term, has jumped in a survey by Societe Generale -
Nine months after Rabobank sought to sell its first-ever CNH bond, the Dutch bank has finally made its dim sum debut – and plans for more bonds to build out its yield curve, says a funding official.
-
Sun Hung Kai & Co started pitching its debut dollar bond at the start of the week, offering a private bank rebate and a juicy yield in a bid to ensure the deal goes smoothly.
-
The price of the same bond can differ considerably in the offshore and onshore RMB markets, due to a divergence in opinion about government support, but whether this is justified is yet to be tested.
-
The Federal Reserve’s decision to go ahead with the third round of quantitative easing has boosted some emerging markets currencies
-
Foreign banks are pitching hard to bring more Indian banks to the Singapore dollar market, after a S$250m ($203m) deal from Export-Import Bank of India proved that a recent market-opening trade from IDBI Bank was not just a one-off.
