Asian bank market begins kamikaze attack on Samurai sector

The resurgent appeal of the Samurai bond market for Asian borrowers appears to have ended as abruptly as it began, with the autumn pipeline succumbing to the allure of the loan markets.

Asset hungry Asian banks have long been blamed for the absence of Asian borrowers in the international dollar bond markets. For most of this year, however, the Yen markets appeared to have escaped their attention, with an ever increasing number of Asian sovereign and semi-sovereign borrowers opting to follow the lead of the Korea Development Bank, which re-opened the sector in November 1999.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media