The Asian G3 bond markets returned from the Ching Ming public holiday on Tuesday to record their busiest day of the year with a quartet of issues.
From Singapore came a very rare US dollar-denominated offering from PSA Corp, plus a second dollar deal from Olam International.
Korea National Oil Corp KNOC topped off the day's dollar issuance with a dual tranche transaction, while CK Hutchison Holdings also executed a dual tranche offering in euros.
Of the three dollar-denominated deals, Aa2AA-AA- KNOC recorded the strongest order book thanks to a very strong bid for longer-dated paper from...