Asia sees a melting pot of dollar bonds

China Citic Bank sells Asia’s first Additional Tier 1 bond, while Chalco raises its second perpetual note and State Bank of India offers a dual-tranche deal.

Asia sees a melting pot of dollar bonds

April has seen a wide assortment of dollar-denominated bonds with the latest being Asia’s first Additional Tier 1 bond from China Citic Bank, Aluminum Corporation of China’s Chalco senior perpetual note and State Bank of India’s dual-tranche transaction all of which were issued on Thursday.

Dollar bonds reached $13.7 billion with 16 deals in Asia ex-Japan in April so far, most of which came in the second week of the month $7.1 billion with nine...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES