SSA

  • AIIB mandates for debut Panda bond

    AIIB mandates for debut Panda bond

    The Asian Infrastructure Investment Bank has hired banks for a renminbi sustainable development bond, its first outing in the Panda market.

  • Local government bond volume hits new weekly high

    Local government bond volume hits new weekly high

    Bond issuance from Chinese local governments is set to reach an all-time high this week, as issuers rush to use their existing quotas after authorities in Beijing unveiled the year’s funding allowance.

  • Kangaroo volumes on the rise

    Kangaroo volumes on the rise

    A quartet of SSAs borrowed a combined A$940m ($613.4m) into the Kangaroo market this week, spurring the SSA Aussie dollar market on to its best monthly volume in over nine months.

  • AIIB to launch debut Panda in early June

    AIIB to launch debut Panda in early June

    The Asian Infrastructure Investment Bank has started roadshows for its maiden Panda outing ahead of its planned launch in early June, GlobalCapital China has learned from sources. Part of the proceeds from the Rmb5bn ($703m) deal will be used to fund an emergency Covid-19 relief loan to China.

  • Sri Lanka’s bonds take a beating

    Sri Lanka’s bonds take a beating

    Sri Lanka’s dollar bonds were among the worst performing high yield notes in Asia last week, as the country continues to battle the Covid-19 pandemic and refinancing pressures loom.

  • Finland returns to busy dollar market

    Finland returns to busy dollar market

    The Republic of Finland had to share its return to dollar market on Wednesday with a trio of three year SSA deals. Demand for dollar SSA bonds has been strong this week, and with mandates out for five and seven year deals,issuers are still looking to take advantage

  • Land NRW makes dim sum debut

    Land NRW makes dim sum debut

    The German state of North Rhine-Westphalia made its first visit to the offshore renminbi market earlier this week, continuing this year’s SSA dim sum shopping spree.

  • Philippines’ tack on $2.35bn bond wins over investors at tight levels

    Philippines’ tack on $2.35bn bond wins over investors at tight levels

    The Republic of the Philippines printed one of its largest bonds on record this week at exceptionally tight levels, taking $2.35bn from a dual-tranche deal. The sovereign gave investors what they wanted: long tenors, attractive initial pricing levels and full clarity on the impact of Covid-19 on the country, writes Morgan Davis.

SSA Bonds news archive