Citi sizzles in Hong Kong domestic bond market

Citigroup launches a Hong Kong dollar bond and, may be back for more.

Underlining the funding opportunities available in Hong Kong, Citigroup has plunged into the Hong Kong dollar bond market.

The US-based financial conglomerate priced a HK$1.1 billion $141 million five-year at Hibor plus 15bp. At this size, the issue is largest five-year ever from a non-Asian financial insitution to date in the Hong Kong bond market.

Building on significant investor sponsorship, with this five-year offering we have established a new borrowing franchise for Citigroup. This is the eighth currency...

To continue reading, please login or register for free

Click for more on: citigroup | fixed income | debt

Print Edition

FinanceAsia Print Edition

CONFERENCES