Cathay Life issues first offshore dollar bond from a Taiwanese insurer
The $600m 10-year subordinated corporate bond was issued through a special purpose vehicle set up in Singapore.
July 02, 2024
Asia’s dollar bond market has gone from feast to famine. After hitting record year-to-date levels, new issue volumes have slumped to the lowest level since 2008 this month thanks to turmoil in the global financial markets.
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