Asian bond issuance up in 2007

Higher investment-grade volumes and a strong private-debt sector point to a more sophisticated Asian bond market.

Corporate and high-yield bond issuance stands at $31 billion with 80% of that denominated in dollars in the first half of 2007 compared to a total volume last year of $38 billion, showing strong growth in Asia's public bond market.

Korean issuance remains approximately the same as last year, and combined with India accounts for 50% of the total volume.

India and Greater China, meanwhile, account for 32% of the total, compared to just 7% in the same period last...

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