Emerging market issuance volumes may break the US$600bn mark by the end of the year if the present rate of supply sustains. The figure will represent a 40% jump from the 2012 high, according to Thomson Reuters data.
The Export-Import Bank of Korea deepened its relationship with European investors on Wednesday, raising €750m (US$975m) through a new seven-year deal that will be used to redeem its only large outstanding bond in the single currency.
As investors shift their views on where rates are heading, bankers in Asia are seeing the opportunity to revive the corporate hybrid market to satisfy the growing appetite for duration.
- South Korea to send message
- Beijing developer turns to perps
- Asian high-yield still hottest ticket
- Sovereign debuts on the cards
- Local paper lures global funds
- IFR Comment: Basel move buoys sentiment among Asian IG investors
- Asia-Pacific Restructuring