Taking advantage of scarcity value both in the DBS name and the Singapore bank sector, DBS prices the largest ever Reg-S bond in Asia, securing $3.5 billion in orders.
Despite the recent sluggish performance of China's property market, Renhe's new issue achieves a sound performance, printing at par and trading up to 100.375 on its first day.
Sinha joins from Barclays Capital as head of Asia-Pacific G10 FX strategy and will be responsible for calls on the Aussie and Kiwi dollars and the Japanese yen.