China

Westpac Banking Corp completed a A$3.06bn ($2bn) government-guaranteed bond issue on Wednesday, setting a new record in the Australian debt markets and proving the depth of demand for government-backed debt.

Westpac Banking Corp completed a A$3.06bn ($2bn) government-guaranteed bond issue on Wednesday, setting a new record in the Australian debt markets and proving the depth of demand for government-backed debt.

South Korean oil company GS Caltex will meet investors in Malaysia on Tuesday as it tries to drum up demand for a potential Islamic bond

Astra Sedaya Finance (ASF), an Indonesian car loan company, and retailer Matahari Putra Prima have opened the books on a pair of Indonesian rupiah deals, hoping to revive a market which has faltered since the end of 2008.

Penerbangan Malaysia (PMB), the state-owned parent of Malaysia Airlines, sold a M$1.5bn ($404m) five year bond in its local market this week, pricing the deal inside guidance after attracting strong demand.

Astra Sedaya Finance, the Indonesian car loan company, is set to close a Rp600bn ($50m) bond on Wednesday, reopening the corporate bond market after almost two months of silence.

China Construction Bank sold a Rmb40bn ($5.9bn) subordinated deal this week, dominating a packed few days of bond issuance in the Chinese market.

San Miguel Brewery met investors this week as it prepared to test the capacity of the Philippines’ domestic bond market with a landmark peso bond that could be worth as much as Ps38.8bn ($805m).

Macquarie Bank looked set to price its first government guaranteed bond in the Australian dollar market today as EuroWeek went to press.