Only a month after its US dollar bond deal, China finds significant demand from European investors, who are also confident about the country's post-Covid economic rebound.
Republic of Korea has become the first non-European issuer to price a euro bond with a negative yield, but it also reset the benchmark for other Korean issuers.
With the first interest rate swap transaction referencing the new Singapore Overnight Rate Average, the island state hopes to stay ahead of regional peers.
The international hunt for yield has helped the Philippines sell its largest-ever offshore bond, but despite a ratings upgrade by S&P, it must balance fiscal easing with a balanced currency.
The sovereign has sold its largest-ever bond. This should help protect the economy from the coronavirus and finances a significant portion of its stimulus package. However, the structure is unlikely to be utilised globally for political reasons.
There are welcome signs the new asset class is finding its feet the region. After South Korea’s pioneering efforts, interest is now picking up in India and accelerating in Japan. However, not everyone is yet fully convinced of its virtues just yet.