Asian dollar bonds

Asian borrowers stampede into dollar bond market

PCCW, Hong Leong Bank, Shenzhen International and CNPC rush to sell dollar bonds on Thursday as market activity picks up after the Easter break.

<div style="text-align: left;"> PCCW: launching without an HKT guarantee for the first time (AFP) </div>

Denise Wee

April 13, 2012

Asia’s debt markets sprung to life on Thursday as four Asian borrowers — PCCW, Shenzhen International, CNPC and Hong Leong Bank — rushed out to sell US dollar bonds to investors. This burst of activity came as the market had stabilised after a bout of selling on Wednesday.

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