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◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
South Korean policy lender kickstarts 2025 funding following a month of political chaos
Singaporean and South Korean lenders expected to be regular euro issuers
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Overwhelming support once again for Singaporean issuers’ securitization outings
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The proposal still needs IMF and official creditor approval, which is not certain
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Conditions ripe for strong deal flow but issuers must still navigate geopolitics and rates volatility
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Asian dollar bonds fell in the aftermarket this week, even with new issue premiums
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◆ BMO Kanga gets them hopping outside of Oz ◆ HSBC sells into Japan and beyond ◆ Innovative yen coupon floor
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Deal boost does nothing to dispel long-term doubts
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