Asian debt capital markets flourish

Augusto King, head of debt capital markets Asia for Royal Bank of Scotland, talks about market development and the bank's China business.

Augusto King

We have seen another year of record debt issuance in Asia. Why
Debt issuance has already exceeded $100 billion, compared to $73 billion in 2011. There are several reasons for this record volume. First, the European debt crisis reduced banking exposure to Asian corporates. Corporates therefore need to borrow from regional and local banks, or issue bonds in the capital markets. Local borrowers have asked...

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