Asia dollar bonds hit $27bn monthly record

Woori Bank and Cnooc debt offerings have pushed Asia ex-Japan’s dollar volumes to an all-time monthly high.

Asia dollar bonds hit $27bn monthly record

Woori Bank’s $1 billion 10-year Basel III-compliant note and Cnooc’s $4 billion triple-tranche bond sold on Wednesday have boosted Asia ex-Japan’s dollar volumes to a record-breaking monthly high as issuers leveraged on favourable market conditions post-blackout period in February and March.

According to Dealogic data, Asia ex-Japan dollar-denominated bond volume have reached $26.8 billion so far for the month of April and is 7.5% higher than the last record-breaking monthly number of $25 billion...

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