Exotic bonds

Intime and Thailand access alternative bond investors

Intime Department Store taps the high-yield dim sum market, while Thailand addresses inflationary fears with its first inflation-linked bond.

Asia’s primary debt markets took on an exotic flavour at the end of last week. Signs emerged that Chinese high-yield borrowers might make a sustainable return, while Thailand met investors’ anxieties about rising consumer prices by issuing its first inflation-linked bonds.

¬ Haymarket Media Limited. All rights reserved.

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