Spencer Anderson is a senior report at IFR on the people and markets desk. Since joining in 2011 he has written extensively on banking regulation, tax issues and capital markets. He was previously with the Financial Times.
- +44 (0) 20 7542 8547
A pair of Asian issuers braved a collapsing Chinese equity market last Monday to price international bonds, in a sign of investors’ confidence in the renminbi and Chinese credit risk.
Bank of Communications has printed the year’s first US dollar Additional Tier 1 offering from China, taking advantage of growing demand for hybrid capital from the country’s major banks.
China Minmetals Corporation has booked US$2.6bn for a debut US$1bn dual tranche of five and 10-year bonds.