Asia-Pacific dollar bond sales hit highest April level since 2021
Updated
Updated · Bloomberg · May 3
Asia-Pacific dollar bond sales hit highest April level since 2021
4 articles · Updated · Bloomberg · May 3
Issuance reached $38 billion in April, up from $22 billion in March, after the Iran war ceasefire reopened a market hit by the conflict.
The rebound marked the region's strongest April in five years as borrowers rushed to sell dollar debt once conditions improved.
March issuance had slumped as energy-sensitive Asian economies were rattled by the war's outbreak, even while broader global credit markets remained steady.
Asia's bond market is booming on a fragile truce. Are investors ignoring the warning signs of a wider, more costly war?
With Iran now taxing the Strait of Hormuz, is this a new form of economic warfare more profitable than peace?
Could the Iran war's chaos be the catalyst that finally breaks the world's addiction to fossil fuels?