Investment grade Asia bonds strike back

KNOC, Wharf Finance, Bank of Baroda and China Overseas Grand Ocean collectively raised $2.55 billion on Wednesday, while Korea Gas, China Overseas Shipping Finance and Indian Railway Finance arrange investor roadshows for dollar notes.

Investment grade Asia bonds strike back
Other corporates such as Indian Railway Finance have also arranged bond investor roadshows.

G3 bond markets in Asia ex-Japan started the year with a mighty bang, and this not only applies to the high-yield sector but also the investment grade area, which has already seen a slew of issuance in the market.

On Wednesday, Korea National Oil Corp KNOC, Wharf Finance, Bank of Baroda and China Overseas Grand Ocean collectively sold $2.55 billion worth of bonds, while, on Thursday, Korea Gas Corp mandated banks to arrange a...

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