ABC Leasing ploughs maiden furrow for dollar bonds

The leasing offshoot of China's third largest bank plants a well-received deal at the head of a potentially tricky week for Asian bond markets.

ABC Leasing, the leasing unit of Agricultural Bank of China, made its international bond debut on Monday with a $500 million deal that slipped into the market at the beginning of a potentially tricky and volatile week.

Central bank meetings for the US Federal Reserve, Bank of England and Bank of Japan all have the potential to surprise the market, particularly the Bank of Japan, which could prove to be the wild card of the pack if it announces further easing measures.

ABC Leasing’s five-year offering also had to contend with a big move in US Treasuries over the weekend. At 1.64% 10-year Treasuries...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222