NWS and Busan attract $8 billion in demand as bond markets flourish

Encouraged by the strong tightening of recent issues, NWS and Busan Bank easily raise $800 million from investors last week.

There was a flurry of activity in Asia’s primary bond markets late last week as NWS Holdings and Busan Bank raised $800 million amid robust investor sentiment. The strong demand also prompted Wharf Holdings and Maybank to enter the market on Friday, the former with a tap of its recent $600 million bonds and the latter with a new five-year bond.

The bond bonanza is driven by the strong performance that recent deals have enjoyed...

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