DCM dollar floodgates open wide

Baidu, China Overseas Land, Shui On Land and SM Investments raised $2.4 billion in new bonds on Wednesday, taking advantage of an issuance window.

Issuers such as Baidu, China Overseas Land, Shui On Land and SM Investments have been determined to capture a favourable issuance window before the release of market-moving data on Thursday, raising a total of $2.4 billion in new bonds on Wednesday.

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