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Emerging Markets

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◆ Iran peace deal in sight but where are the Middle East issuers? ◆ Why primary capital markets will be slow adopters of DLT ◆ Why French covered bond issuance has slowed and why it might pick up
Recently departed banker to resurface in Asia
Investors were impressed with how the region's issuers have dealt with the crisis

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  • Two Chinese real estate borrowers, Agile Group Holdings and Datang Group Holdings, hit the dollar debt market on Monday.
  • Cambodia’s Acleda Bank has returned to the loan market after a three-year absence, and is testing lenders’ appetite for three different deals simultaneously.
  • Indian government-owned Canara Bank has received the go-ahead from its board of directors to start its 2021-22 fundraising.
  • China’s Full Truck Alliance (FTA), an Uber-like service for trucks, is planning an IPO on the New York Stock Exchange, having filed a prospectus with the US regulator.
  • Vietnam’s VNDirect Securities Corp has tapped the offshore loan market for the first time for a $50m borrowing.
  • A large sell-off over the past two months in the dollar bonds of embattled China Huarong Asset Management took a turn last week, as news around the firm’s financial health buoyed secondary market performance.