NIP in the air. Is winter coming for Asia's bond markets?

Issuers are coming to terms with the alien concept of a new issue premium (NIP) as Asian bond markets suffer a difficult start to the year. Where will they go from here?
Equipped for sudden changes in temperature?
Equipped for sudden changes in temperature?
April 06, 2018

Take a cursory look at league table data and Asia’s G3 bond markets appear to have had a very good first quarter.

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