Oil & gas majors fuel record Asian G3 bond sales

Sinopec and Cnooc debt offerings sustain China as the region's biggest issuer, while the Philippines vaults into second place due to a dearth of issuance from Korea and India.

Oil & gas majors fuel record Asian G3 bond sales

Asian borrowers have sold a record amount of international bonds so far this year even though the pace of issuance has moderated since early September in the face of US Federal Reserve’s inaction on interest rates, China’s slowing growth, and oil price volatility.

Issuers raised a record $154.7 billion in 309 deals in the first nine months, marginally higher than the $150 billion raised via 294 transactions during the same period last year, according to...

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