Asian bond stampede ahead of break

The rush to sell bonds before Chinese New Year has brought issuance to a year-to-date record.

Debt investors are bracing themselves for a tepid fortnight, as Chinese issuers take a step back from the market ahead of Chinese New Year in late January. “The market is going to shut down for an entire two weeks,” said a syndicate banker in Singapore.

¬ Haymarket Media Limited. All rights reserved.

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