Asia sees a melting pot of dollar bonds

China Citic Bank sells Asia’s first Additional Tier 1 bond, while Chalco raises its second perpetual note and State Bank of India offers a dual-tranche deal.

April has seen a wide assortment of dollar-denominated bonds with the latest being Asia’s first Additional Tier 1 bond from China Citic Bank, Aluminum Corporation of China’s (Chalco) senior perpetual note and State Bank of India’s dual-tranche transaction – all of which were issued on Thursday.

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