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There is still a pipeline of issuance from the country
The US bank is reshuffling several roles in the Middle East
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The Republic of Indonesia rolled out its annual Islamic finance transaction on Tuesday, taking $2.5bn from a three-tranche sukuk. The sheer strength of investor interest surprised the bankers on the bond, leading to a hefty 70bp tightening and a deal that offered negative new issue premium.
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A spate of real estate and government-linked borrowers from Greater China flocked to the dollar bond market on Tuesday.
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Chinese automaker Dongfeng Nissan sold a Rmb4bn ($564m) four tranche auto ABS transaction on Tuesday. The deal got strong demand, following a recent spike in onshore yields.
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China Pacific Insurance (Group) Co has raised $1.81bn from its listing of Global Depository Receipts, becoming just the second company to use the London-Shanghai Stock Connect scheme.
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JP Morgan has picked two of its own staff to fill newly-created posts as co-heads of investment banking across the Asean region.
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Fast food restaurant franchiser Yum China Holdings is in the process of mandating banks for a secondary listing in Hong Kong, according to sources familiar with the matter.
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