Alternative definitions of the year’s buzzwords
Too unconventional, even for Japanese policymakers.
A chronic condition suffered by Australian BBSW bankers fearing domination by the local risk-free reference rate.
The world’s first domestic IPO to be preceded by an extensive multi-year global beauty contest.
Your standard ¥430bn (US$4bn) debut Global yen issuer, borrowing for “general corporate purposes”.
A takeaway meal that has been sprayed by Hong Kong’s water cannon.
Alternative IPO strategy in case investors reject the initial valuation.
Risky investment, unless the company does something straightforward, such as running coffee shops. Also, the reason Asia ECM bankers need to follow Trump on Twitter.
Deepening negative rates
In Japan, the misguided belief that suffocating banks can help rekindle inflation.
Cost of doing business in India’s wild shadow lending sector.
The Ensuring Quality Information and Transparency for Abroad-Based Listings on our Exchanges – a bipartisan US bill that would require Chinese issuers to disclose Communist Party board members.
Financial Services Agency
Japanese regulator which advised regional banks to unload foreign bonds during a golden dip-buying opportunity.
First call date
Optional in theory but, it turns out, also in practice.
Safe and steady income stream – except in Malaysia.
Key man risk
The chances of the chairman being locked up.
Hong Kong protest
In the loan market, the uproar caused by plans to replace Hibor with HONIA.
The investment research firm formerly known as CLSA.
In Australia, licence given to an issuer to pull its IPO twice in a single year.
A way for consumers to empower themselves, by giving their money to a billionaire who already has all their data.
New link between the UK capital and Shanghai that arrived only six months late – and still years ahead of Crossrail.
Australia’s four dominant lenders. Not to be confused with major scandals, major fraud, major fines or major embarrassments.
Softer form of Chinese bank bailout after the government takeover of Baoshang Bank freaked out everyone.
In India, an institution that isn’t a bank, no longer lends, and won’t give you your money back.
Frequent cause of collateral damage.
Better avoided, especially in research reports.
What happens to bonds from coal-producing Australian states when the Swedish central bank starts asking about carbon footprints.
Romeo and Juliet
Model for Hong Kong Exchanges & Clearing’s attempted takeover of London Stock Exchange Group, according to HKEx boss Charles Li. Neither version had a happy ending.
Maturity of 99.9% of convertible bonds in mainland China.
Libor-replacement that (almost) nobody has prepared for in Asia.
Sprawling philanthropic institution supporting a wide range of recipients, ranging from yield-hungry Japanese households to profit-challenged unicorns.
Nobody knows what the ‘A’ and ‘R’ stand for, but STAR just slips off the tongue easier than SSE Sci-Technology Innovation Board.
The new normal.
Popular dance move with Chinese bond issuers.
Slightly blurred of late.
The reason why your company was priced out of the CBD.
Thai tax avoidance scheme.