Dim sums keep pace as Axiata and Shinhan print deals

Bond markets go gangbusters as Axiata issues a debut sukuk, while RoadKing, Korea Hydro, Siam Commercial Bank and Nonghyup Bank raise $2 billion collectively.

Dim sums keep pace as Axiata and Shinhan print deals

Despite disappointing China trade data, Asia’s dollar bond markets are off to a flying start after the summer, with four borrowers raising $2.1 billion so far this week. This included Chinese high yield borrower RoadKing Infrastructure and Korea Hydro Nuclear Power, which raised $350 million and $750 million respectively on Tuesday night and Siam Commercial Bank and Nonghyup Bank which collectively raised $1 billion on Monday.

Meanwhile, bond markets were also active in other...

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