Cathay Life issues first offshore dollar bond from a Taiwanese insurer
The $600m 10-year subordinated corporate bond was issued through a special purpose vehicle set up in Singapore.
July 02, 2024
A regulatory clampdown on Formosa bonds with short-dated call options has hit issuance volume, but market participants are hopeful new products will satisfy ongoing demand for higher yielding investments than are currently on offer in Taiwan’s local currency bond market.
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