Bond sales to boost 10 percent in Asia in 2014| MENAFN.COM

Wednesday, 29 June 2022 01:34 GMT

Bond sales to boost 10 percent in Asia in 2014

(MENAFN) Citigroup Inc, the top-ranked arranger in that period, reported that sales of international bonds are expected to boost by 10 percent in Asia this year, according to Khaleej Times

Total offerings denominated in the G3 currencies of Euros, yen or dollars in the region outside Japan were estimated at USD30.1 billion since the end of 2013, or 23 percent higher than in the same period of 2013

Note sales in emerging markets dropped by 17 percent globally, reaching USD137.5 billion

Amit Sheopuri, the Hong Kong-based co-head of capital markets at Citigroup, said: "G3 currency volumes in Asia will rise by about 10 per cent this year. Despite tapering, we"ve seen emerging-market Asia, unlike emerging markets in general, perform much better compared to 2013.

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