The region’s G3 bond market saw a disappointing first quarter but issuers are expected to rush to raise funding before rates touch unfavourable levels.
The Indian bank sold the first dollar bond from one of the country’s financial institutions since January, braving jittery pre-election market conditions.
Bond markets go gangbusters as Axiata issues a debut sukuk, while RoadKing, Korea Hydro, Siam Commercial Bank and Nonghyup Bank raise $2 billion collectively.