FA Are the Asian loan markets a good place to raise finance at the moment
Bindra Yes, because at the moment the markets are very, very liquid. You can see by the way that the spreads have been falling over the last twelve to eighteen months, that the market is hungry for good assets and it's a good time to raise money - especially for the best credits.
FA Where is the liquidity coming from
Bindra Because Asian economies have not fully recovered from the crisis and consumer confidence is not as strong as it should be, people are not investing inequity or real estate. So most of this money is sitting on deposit with...