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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
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BNP Paribas has made two appointments to its global markets team in Asia Pacific.
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Frasers Logistics & Commercial Trust kicked off a one day follow-on offering of new stock on Monday, aiming to raise at least S$299.8m ($225.3m).
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South African bank Investec is inviting Asian lenders to join a $450m sustainability-linked loan that is being syndicated globally.
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Credit Suisse has appointed Alois Müller as head of private and alternative markets for Asia Pacific, a newly created position, according to an internal memo seen by GlobalCapital Asia.
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Indonesia's dollar bonds were among the top performing investment grade notes in Asia last week, buoyed by signs of the country’s recovery from the pandemic.
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In this round-up, Chinese president Xi Jinping has promised $3bn in additional support to developing countries fighting the pandemic, the State Council explicitly bans bitcoin mining and trading as part of an intense crackdown on cryptocurrencies, and Liaoning province is set to welcome a new city commercial bank.
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