China

Hana Bank made its debut in the Malaysian ringgit market late last week, becoming the first borrower to sell bonds in any Asian currency under the Korean government’s guarantee programme.

Svensk Exportkredit (SEK) issued a Bt4bn ($117m) bond this week, becoming the third foreign issuer this year to tap Thailand’s capital markets for cash.

National Australia Bank, ING and BNP Paribas all tapped the Australian bond market for funding this week with deals that showed a lack of consensus over the use of the government’s guarantee programme.

The National University of Singapore, fully-owned by the Singaporean government, raised S$250m ($173m) last week in the first bond issue from an Asian university.

Sony Corp and Mitsubishi UFJ Lease both sold their biggest-ever deals in the Japanese bond market this week, while Nomura also came to the market in size.

Commonwealth Bank of Australia has reopened Thailand’s bond market to foreign issuers, becoming the first offshore issuer to sell a Thai baht deal this year.

HSBC and Standard Chartered, two global banks with a big regional presence in Asia, are vying to become the first foreign issuer to sell renminbi bonds in China.

Hong Kong & China Gas (Towngas), the Hong Kong power company, kicked off its $1bn medium term note programme this week, raising HK$1.1bn ($142m) through a pair of deals in its local market.