IFR Special Reports | IFR

Outlook for Asian Credit - Foreword

Source: Reuters/Nicky Loh A man looks at stock market prices on computer monitors inside a securities company in Taiwan. Not long ago, the slightest hint of volatility in the global markets would have left Asian issuers frozen out of the international bond markets. When the US sneezed, Asia caught a cold – to invoke an overused phrase. A quick glance at the deals done in the first month of 2012, however, shows just how much things have changed. Far from struggling to find a global audience, Asian treasurers have been inundated with a flood of...Read more

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Stories in Special Report

Destination: unknown

Asia has managed to weather the storm in Europe’s credit markets in fine fashion, but the pullback of overseas lenders could mean that its resilience is about to be sorely tested.

Hope springs

Despite volatile conditions, Asian issuers have just registered their busiest January ever in the US dollar bond market. The big question, however, is whether that pace is sustainable with Europe’s credit crisis still swirling.

Ready to Roar Again?

The offshore reminbi market suffered an unexpected setback in late 2011 as expectations for the currency wavered. Hopes are high, however, that the once-hot market can regain some of its strength.

Maturing market

After taking some big steps forward in 2011, Malaysia is looking to reinforce its already dominant position as the world’s biggest Islamic bond market.

Waiting for a sign

The dragon, this year’s sign in the Chinese zodiac, is revered as a symbol of strength and prosperity. However, recent developments in the country’s debt markets have done little to inspire confidence.

Long way to go

After taking a beating from the collapse of the US subprime market and the demise of European investors, Asia’s structured finance market is showing signs of life. A clutch of deals in 2011 have raised spirits, but there is much still to do.

Taking the plunge

After a dismal end to 2011, fund managers are regaining their appetites for Asian credits. With benchmark rates remaining low and regional economies performing well, Asia is again drawing a large share of international investment.