You are here

INVESTING GLOBALLY AND PROFITABLY

Opportunities aplenty among Asian investment grade bonds

Economy-boosting measures will benefit both high yield and investment grade issuers, but the latter has better access to funding market

ASIAN corporate bond markets have declined year-to-date but we are upbeat about the prospects of investment grade (IG) credits. In the period from the beginning of the year till March 13, the average option adjusted spreads (OAS) on Asian high yield (HY) bonds widened by 311 basis points (bps),...