Asian Bond Markets

New rules put Asia at risk of credit shock

New rules put Asia at risk of credit shock

Efforts to make the global financial system safer could be making Asia more - not less - vulnerable to any credit market shocks, leaving bond traders worried that a sharp sell-off since late last month could turn into a rout.

Thursday, 13 June, 2013, 6:31am

Banking on the group

China is seen by some observers as an interesting market for banks this year as more Chinese firms look offshore. Photo: Reuters

The proportion of loans to total debt arranged in the Asia-Pacific region outside Japan shrank to 66 per cent last year, the least since 2009, according to data compiled by Bloomberg.

1 Feb 2013 - 5:22am

China finance ministry to reopen 3-year bonds

China's finance ministry. Photo: SCMP picture

China’s Ministry of Finance said on Wednesday that it would reopen an issue of 3-year bonds, auctioning an additional 28 billion yuan (US$4.50 billion) on December 5.

The bonds will be issued from December 6 to December 10 and begin secondary market trading on December 12, it said in a statement published on the ministry’s website.

28 Nov 2012 - 11:10am

Ask our experts

The sovereign debt crisis in Greece seems to have turned a corner with the announcement of another European Union bailout, albeit one that involves potentially steep losses for bond investors.

The question for the expert panel this week:

How would the resolution of the euro-zone sovereign debt crisis affect regional bond markets?

1 Aug 2011 - 12:00am

Flawed reasoning for HK dollar bond market

The government has adopted a proposal to issue significant quantities of bonds. A monetary official describes this as 'an initiative to develop the bond market rather than a way of supporting government expenditure' (given that our fiscal reserves already provide cover for spending).

19 May 2009 - 12:00am

Fund hopes to ride on sustained growth

The Hong Kong dollar debt market has recently enjoyed sustained growth, and one fund hoping to take advantage of this trend is State Street Global Advisors' ABF Pan Asia Bond Index Fund. Ramon Maronilla, portfolio manager at State Street Global Advisors, says the fund is the first exchange-traded Asian bond fund in Asia.

23 Sep 2007 - 12:00am

Asian initiative will benefit east and west

Raise the subject of bonds and invariably thoughts turn to the Asian bond initiative, which has united central bankers in the region to promote the development of regional currency bonds.

21 Feb 2006 - 12:00am

Second Asian bond fund draws nearer

Central bankers make progress in removing barriers and building infrastructure to attract investors

Central banks and governments in Asia were making 'good progress' in their bid to launch a second pan-Asian bond fund aimed at investing in regional currency bonds, according to Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong.

9 Jul 2004 - 12:00am

Bond spread surge causes little panic

Spreads of emerging-market and corporate debt have been widening, in some cases dramatically, but analysts say Asian investors do not need to hit the panic button just yet.

Volatility on global stock markets has fed through into bonds, helping dry up liquidity and lessen appetite for risk.

27 Oct 2000 - 12:00am

Prospects bright for Asia debt industry

Asian bond markets are expected to expand next year, with sovereign ratings being upgraded, according to analysts.

'Capital markets are likely to develop further as corporations seek to tap liquidity,' Merrill Lynch Asia-Pacific executive chairman Kevan Watts said.

8 Dec 1999 - 12:00am

Regional markets expected to recover

RENEWED faith in Hong Kong's prosperity will fuel recovery in the region's emerging markets and recharge investor enthusiasm, according to a Hong Kong fund manager.

Managing director of Guinness Flight Asia, Dudley Howard, said Hong Kong and Asia were unfairly lumped together with other emerging markets.

21 Jan 1996 - 12:00am