Australia

ICBC Sydney issued a Rmb1.2bn ($177m) dim sum bond on Thursday, tapping investor interest for short term liquidity with a two year offering.

ICBC Sydney has returned to the dim sum bond market with the launch of a new two year bond.

Syndication is under way for a A$500m ($380m) five year facility to support Philippine consumer food and beverage company Universal Robina Corp’s acquisition of Snack Brands Australia.

Australia sold its largest ever bond in its longest ever maturity on Wednesday. Overseas investors swarmed towards the sovereign’s high yielding offer.

Goodman European partnership, the Luxembourg property vehicle managed by Australian Goodman Group, was alone in the euro market on Thursday with a dual tranche sub benchmark trade.

The Kangaroo market has faced a variety of challenges but, for each challenge, it has evolved to provide new pockets of value for investors and to meet borrowers’ requirements as they respond to the constantly shifting market realities. By Lewis McLellan.

The Bank of Queensland’s (BoQ) upcoming conditional pass through (CPT) covered bond, the first CPT from an Australian issuer, will mark a major step in the use of the structure, with cross-currency swaps used for the first time.

National Australia Bank and Credit Suisse have both received the approval of investors to change terms of their existing covered bonds.

Australia on Tuesday announced its intention to issue its first 30 year government bond. After a summer of downgrade threats for the triple-A rated sovereign, it hopes to tempt overseas investors back into its bonds with offers of juicy yields. But market experts are not convinced it will work, writes Silas Brown.

Three Hong Kong real estate investment trusts are tapping the loan market for funds, with DBS launching two new deals and Hang Seng Bank wrapping up a third transaction, bankers said.

The Australian Office of Financial Management (AOFM) has said it intends to issue the Australian government's first ever 30 year benchmark bond in October.

State-owned oil giant China National Offshore Oil Corp is talking to banks for a $1bn refinancing linked to its Australian investments.