A mix of lower interest rates, lower defaults and more issuances bode well for corporates and governments looking to tap Asia’s bond market in 2025.
There are hopes for Asia’s bond market next year to outperform 2024 which is expected to hit $160-165 billion in 2024 for Asia, ex-Japan. As issuers look to go to market, there is also plenty of willingness from banks to lend in the region, which is helping to keep spreads low.
Speaking at an early December media briefing in Hong Kong, Jessica Chen, head of China DCM, origination Asia ex-Japan, JP Morgan “Overall spreads are tight and look increasingly attractive to...