bond

The buoyancy in the sector is being driven by multiple factors, including regulatory shifts, policy support, and debt capital market activity in the city.

As Hong Kong's primary debt market continues to be attractive, underwriters said the bond will provide a reliable benchmark for future HKD-denominated offerings.

A $500m, 30-year tranche was added to the latest offering to support India’s regional and international trade activities at a time of global trade tensions.

The notes achieved the tightest pricing for five-year, Euro covered bonds from a non-EU issuer, for several years, and is the first such issuance from a Singapore bank since October 2021.

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

CICC was the lead global coordinator on the Rmb2bn dim sum bond issuance with a yield of 3.35%; the bonds, which are becoming increasingly popular, were listed on the HKEX and will be used for Belt & Road initiatives.

There is a delay in guarantor Guotai Haitong’s business combination with Haitong Securities.

Listed on Abu Dhabi’s securities exchange, the $100 million three-year deal is executed via HSBC’s digital assets platform.

Yuanta Securities (Cambodia) acted as the lead manager and underwriter for a transaction with three tranches worth a total of $49m; the proceeds will finance a 60MWac solar photovoltaic (PV) plant with an integrated battery energy storage system.