subordinated

OCBC, Singapore's third biggest lender, finds solid European demand for an issue of callable lower tier-2 subordinated bonds with a step-up coupon.

Cathay United Bank is offering to buy back up to $125 million of its sole international bond at a discount.

Indonesian credits continue to take centre stage, with Bank Mandiri planning to raise lower tier 2 debt.

Alliance Bank, one of Malaysia''s anchor banks, has issued M$535 million in subordinated debt.

Korea Exchange Bank will attempt to raise much needed tier-2 capital on Monday when it prices a dollar-denominated subordinated debt offering.