Lodha Developers builds bond curve at a cost

The Indian real estate company is returning to the global debt market for a second time citing better market conditions.

Investors hunting for higher-yield fixed income might have better luck with Asian high-yield debt. But what are the caveats?

Chinese offshore property bond issuance has more than doubled this year, while the average yield-to-maturity for non-investment grade bonds in the sector has risen to its highest level ever.

As the trade dispute between China and the US drags on, yields on Asian bonds are looking like a much better bet than either Asian equities or bonds from outside the region.

David Tan, Asia-Pacific fixed income CIO at Allianz Global Investors, tells FinanceAsia why he is bullish on the Asia ex-Japan high-yield bond market, despite a terrible 2018.

The Indian group's recent financing has set the tone for a decade when ESG financing will increasingly take centre stage. Its CEO tells FinanceAsia how it passed muster with investors and what is next for the pioneering credit.