Hong Kong dollar offerings lift debt market profile
Updated
Updated · South China Morning Post · May 6
Hong Kong dollar offerings lift debt market profile
11 articles · Updated · South China Morning Post · May 6
Debt issuance in Hong Kong is already up more than 87% year on year, with recent deals by MTR Corp and Airport Authority Hong Kong among offerings that were well received.
MTR said proceeds will fund new infrastructure, asset renewals and sustainable development, while AAHK is expected to refinance existing debt, support capital expenditure and meet other funding needs.
The offerings are expected to draw more local and overseas issuers into Hong Kong dollar financing, strengthen benchmark pricing and support secondary-market liquidity and transparency.
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