bonds

South Korea is taking its sustainability drive to the next level after two non-financial companies raise a combined $1 billion from sustainability bonds.

India’s biggest port operator raises $750 million with the country’s largest private-sector dollar bond issue this year.

The frequent issuer of sustainability bonds has tapped the market once again as Seoul calls for more issuance to support inclusive businesses.

China is considering expanding its bond ties with the UK and opening up exchange-listed bonds to more foreign investors.

Issuance of US dollar bonds out of China declined after the US threatened more tariffs on Chinese goods. But investors are pinning their hopes on upcoming talks between US president Donald Trump and Chinese president Xi Jinping.

Even though it will be guaranteed by the government, the crucial question for investors will be how much SriLankan Airlines will need to pay over the sovereign to get its bond away.

In a move to curb local government debt, regional governments will no longer guarantee the offshore bonds of local Chinese state firms.

Neither debt challenges nor international criticism dampened investor enthusiasm for Power Construction Corporation of China's 3-year and perpetual paper.

There are caveats though: the Sino-US trade war and the fact the renminbi is not yet fully convertible.