Aussie credits attract bond buyers from Asia

European demand for Singaporean credit remains strong.

A new International Energy Agency report, unveiled at GenZero Climate Summit 2026, says transition credits could accelerate Asia’s coal phase-down, but only if backed by stronger policy, power planning and market integrity.

The fundraise includes $1.8bn for KKR Asia Credit Opportunities Fund II as the investment giant sees growing investor demand for allocation to private credit in the region; the fund has been used for deals in Hong Kong, India and Australia.

Moody's is the first global credit rating agency to invest in a domestic player.

Nicolas Vix, senior country officer for China, replaces Jean-François Deroche in Hong Kong.

The strategy, known as the Libra Hybrid Capital Fund, is backed by Asian sovereign wealth funds, and is aiming to help firms develop their technology and automation capabilities.