Data story: Asia's corporate perpetual bonanza

Asia’s perpetual bond market has been on a tear since the beginning of the year, and looks ready to break new records before half the year is up. We take a look at the numbers.

Data story: Asia's corporate perpetual bonanza

Perpetual bonds were long a sideshow to Asia’s corporate bond market, offering companies occasional and sometimes expensive sources of capital that helped ease concerns among lenders or credit ratings analysts. But since the start of 2017, perpetual bond issuance has taken centre stage.

Corporations in Asia ex-Japan had raised an eye-popping $7.36 billion this year as of Monday morning according to Dealogic data, already closing in on the $7.82 billion they issued throughout 2016....

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