Chinese trio join dollar bond rush

China National Bluestar, ICBC Leasing and Shui On Land collectively sell $2.75 billion of dollar debt ahead of the US presidential debate.

A trio of Chinese issuers jumped into the international bond markets on Monday, joining a fundraising rush in the region after the US Federal Reserve kept its interest rates unchanged last week.

Specialty chemical producer China National Bluestar, ICBC Leasing and property developer Shui On Land competed for investors' attention on Monday, but all managed to close successful deals.

The three issuers raised $2.75 billion between them even though the overall tone turned cautious as market watchers switched their attentions from last week's central bank meetings to this week's US presidential debate.

Sales desks reported signs of investor fatigue following more than $7 billion...

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