
Asia Pac debt markets jump 26% to a record $368.6b
Asia Pacific corporate issuers raised a record $176.5b, up 38% from last year’s $127.8b.
Here’s more from Dealogic’ s Global DCM Review:
Asia Pacific DCM volume totaled a record high $368.6bn in 1H 2011, up 26% from the $293.4bn recorded during the comparable 2010 period. Asia Pacific corporate issuers raised a record $176.5bn, up 38% on the $127.8bn raised in 1H 2010. 27% or $48.1bn of International G3 DCM volume in 1H 2011 was issued by corporate entities, up from 13% or $17.0bn in 1H 2010. China led the region with $122.2bn and accounted for 33% of Asia Pacific (ex Japan) DCM volume in 1H 2011. This marked the highest first half volume for China on record. Global offshore RMB bond volume totaled $6.9bn in 1H 2011, of which $5.3bn was priced during 2Q 2011. Global Kangaroo bond volume reached a record $22.8bn in 1H 2011, having surpassed the previous record of $19.4bn in 1H 2010. |