Northeast Asia

The Republic of Indonesia returned to the yen market this week for its annual Samurai bond outing, raising ¥100bn ($930m).

Chinese policy makers have finalised rules on how to deal with corporate bond defaults, with the regulation to go into effect next month.

Berlin Hyp left ‘a little bit on the table’ with its new green covered bond on Tuesday. The trade was followed by deal announcements from Kookmin Bank and Sparebank Vest Boligkreditt, both looking to issue in sustainable format.

UBS has created a new corporate finance group within the Greater China team that will mainly focus on the execution of IPOs, according to an internal memo seen by GlobalCapital Asia.

BMW Automotive Finance, a frequent issuer in China’s onshore auto ABS market, is gearing up for its second securitization deal of the year. This time around, the German automaker has shortened the usual one year revolving portion to just a month.

Asian supply chains are facing unprecedented disruption. Banks in the region should take notice.

Chinese property companies Times China Holdings and Golden Wheel Tiandi Holdings Co took a combined $470m from the bond market on Monday.

Agile Group Holdings, a Chinese property company, is planning to launch a HK$3.242bn ($418m) refinancing loan into general syndication in early July.

WuXi Biologics (Cayman) bagged HK$6.17bn ($795m) on Monday after boosting the size of a new equity issuance.

The People’s Bank of China and its Hong Kong and Macau counterparts jointly announced plans to establish a wealth management connect scheme this week. While short on details, the move marks another step towards opening up China's capital markets.

China’s Archosaur Games set in motion its HK$2.17bn ($280.5m) IPO on Tuesday, joined by Cathay Media and Education Group and poultry producer Shandong Fengxiang.

China Bohai Bank has jumped into Hong Kong’s bustling IPO market, opening books for a HK$14.3bn ($1.85bn) listing.