Demand for Asian dollar bonds likely to stay robust: JPMorgan
Shanghai
THE busy summer for Asia's dollar bond market looks set to be extended to the end of the year as investors' demand remains "robust", according to JPMorgan Chase & Co.
Dollar bond sales in Asia excluding Japan have reached US$23.9 billion since June 30, 48 per cent up from the US$16.2 billion in the same period of 2015, according to Bloomberg data. That's a record for the period. The extra yield over Treasuries that investors demand to hold US currency notes from the region's issuer…
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