China
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Hong Kong Mortgage Corporation, a fully owned subsidiary of the Hong Kong government, launched its debut Australian dollar retail bond offering on Wednesday.
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Japan Expressway Holding and Debt Repayment Agency (Jehdra) cancelled its benchmark Euroyen bond yesterday (Thursday), blaming volatility in the underlying currencies for its
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National Agricultural Cooperative Federation, the Korean state-owned lender, was marketing its debut ringgit bond this week as Malaysia’s domestic market continued to attract attention despite challenging conditions in the international markets.
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The National Bank of Abu Dhabi became the latest international name to be linked with a ringgit bond this week, with news that it was considering a conventional and Islamic note issue.
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CHINA Development Bank said it had postponed a Rmb20bn ($2.9bn) five year bond sale following last week’s devastating earthquake in Sichuan province.
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Axis Bank, the Indian lender, is planning to sell its first bonds in the Malaysian ringgit market with a M$500m ($156m) deal to be launched in early June.
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India’s Tata Steel sold one of the country’s biggest ever corporate bonds this week in a Rp20bn ($480m) deal that highlights the development of India’s local currency bond market.