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.
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Asian credit markets roared back to life last week as issuers rushed out offerings of G3 bonds ahead of the US Federal Reserve’s next policy meeting.
China Three Gorges Corp encountered a strong investor response on its return to the US dollar bond market, despite pricing inside its existing curve.
The Export-Import Bank of Korea last week printed a US$2.5bn bond, its largest on record, with perfect timing just ahead of hawkish comments from Federal Reserve policymakers.