Asia Pacific

Swiss Re debuted in Asia this week with a S$350m ($251.67m) bond that established the European reinsurer in the Singapore market. It also paved the way for more issuance from the firm.

Cambodian casino company NagaCorp sold a new dollar bond – and only the second from the country – this week, raising $350m.

China Aoyuan Group used up the last of its debt issuance quota this week to raise $460m from the bond market.

In this round-up, the Ministry of Finance plans to double the size of its already issued special treasury bonds, the government removes some restrictions for foreign investment in the 2020 negative lists, and the former richest man in China and founder of Gome is released from jail after 10 years.

In this round-up, China and the United Arab Emirates launch the phase three clinical trial for a coronavirus vaccine, the origin of nearly all the new infections in Beijing has been confirmed, and an adviser to the Donald Trump administration stirs the market with comments on the Sino-US trade deal.

CNQC International Holdings, a real estate developer, is tapping the Hong Kong market for a $150m club loan

Sovereign wealth funds are not using their huge resources to tackle climate change, and are therefore impeding the world's efforts to meet the goals of the Paris agreement, the Organisation for Economic Cooperation and Development has warned.

The Nordic Investment Bank dropped into a busy Kauri market that has so far seen NZ$1.3bn ($835.8m) of SSA deals this month.

Popular discontent could well rise in many countries as the coronavirus crisis hits the poorest worst of all. In the past, unrest may have only worried government bond investors to the extent that it damaged creditworthiness. But, as market participants become ever more socially conscious, DBRS Morningstar’s Nichola James says that we can also apply an ESG (environmental, social and governance) lens to it.

The New Zealand Debt Management Office has announced the tenors for the first syndications of its 2020-21 fiscal year, following on from last week’s record-breaking deal.

Sri Trang Gloves priced its Bt15bn ($481.4m) Thai IPO at the top of the range this week, taking advantage of coronavirus-driven demand, strong international interest and a liquid domestic equity capital market. Jonathan Breen reports.

The Airport Authority Hong Kong has boosted the size of its loan to HK$35bn ($4.5bn), after receiving a strong response during syndication.