The Asian debt capital markets have finally made it to the global scene. After years of fairly lacklustre primary activity, with Korean financial institutions and cash-strapped governments at the forefront, the range of Asian issuers in the international markets now covers a broad cross-section from emerging sovereigns to policy banks, from Double A lenders to Single B industrials, and bond issues seem to be near the top of every regional treasurer’s mind. The question remains, however, whether or not such rich pickings are here to stay. Does...Read more