Capital Markets

Hong Kong government issues its first Islamic bond: Dealogic

The Hong Kong government issued its first Islamic bond through Hong Kong Sukuk 2014 in a $1 billion bond via bookrunners CIMB Group, HSBC, National Bank of Abu Dhabi PJSC and Standard Chartered Bank.

  • Buying negative-yield bonds: Sign of trouble at the BOJ or no big deal?

    TOKYO -- The Bank of Japan waded deeper into uncharted territory on Tuesday, purchasing Japanese government bonds with negative yields for the first time. The move only added to the cloud of uncertainty that has enveloped the central bank as it conti...

  • Private equity boons: Asean integration and sensible housewives

    KUALA LUMPUR -- Navis Capital expects Asean economic integration next year and more informed business practices to provide good opportunities for the regional private equity market. The Malaysia-based private equity firm already has $5 billion un...

  • Japan, U.S., Europe ramping up long-term bond issuance, raising bubble concerns

    TOKYO -- In Japan, the U.S. and countries in Europe, interest rates of long-term government bonds are falling considerably as these advanced nations ramp up the issuance of 40-year and even 50-year bonds to reduce their interest burdens over the long...

  • Orix to issue 30 billion yen in bonds to individual investors

    TOKYO -- Orix plans to raise 30 billion yen ($282 million) as early as this month by issuing straight bonds to retail investors, with the proceeds going toward redeeming outstanding bonds. The 10-year bonds are expected to carry a coupon rate of ...

  • Indonesian government's investment vehicle issues $1.5B Islamic bond: Dealogic

    Perusahaan Penerbit SBSN Indonesia III, an SPV owned by the Indonesian government, on Sept. 2 issueda $1.5 billion Islamic bond via bookrunners CIMB Group, Emirates NBD PJSC, HSBC, and Standard Chartered. (Click here for full StatShot report.)Click h...

  • Lone investor pocketed gains with 0.3 second of 'spoofing'

    TOKYO -- The Chinese investor accused of manipulating prices of long-term Japanese government bond futures apparently used a technique known as "layering" or "spoofing" to move the market to his advantage. Japan's Securities and Exchange Surveill...

  • BOJ unfazed as liquidity slows

    TOKYO -- Long-term interest rates have been declining due to large purchases of Japanese government bonds by the Bank of Japan. Some market players are concerned that bond trading will become increasingly difficult because of lower liquidity, but the...

  • Japan fingers Singapore man for manipulating bond futures

    TOKYO -- Japan's securities regulator is investigating a Singapore resident suspected of profiting from attempts to game the market for long-term Japanese government bond futures, people familiar with the matter said Thursday. The man appears to ...

  • Japanese investment companies' portfolio topped 200 trillion yen in June

    TOKYO -- Total assets under management at investment advisory companies in Japan climbed to 202 trillion yen ($1.91 trillion) at the end of June, boosted by rising stock prices and an influx of overseas funds. The figure exceeded 200 trillion yen...

  • Min Lan Tan: Japan could set the standard for shareholder rights in Asia

    The capital markets are a two-way street of opportunity -- for companies trying to raise funds and investors seeking higher returns on their cash. The two sides' interests, however, do not always coincide. Investors often feel ignored when they belie...

  • Hong Kong's foreign money bonanza may soon go bust

    HONG KONG -- A perfect financial and economic storm may be on the horizon, according to Hong Kong Financial Secretary John Tsang Chun-wah, the government's third-highest official. The head of the island's central bank is also predicting an interest r...

  • China allows provinces to sell bonds

    BEIJING -- Chinese provincial governments can now issue bonds directly, with strings attached, in a change that sets the stage for the growth of the nation's municipal bond market. The revised budget bill adopted Sunday by the Standing Committee ...

  • More Philippine firms rushing to raise funds ahead of higher interest rates

    MANILA -- More Philippine companies are making last-minute bond offerings in an effort to pool their capital before interest rates climb further in the coming months. SM Prime Holdings, the nation's largest real estate firm by market value, on Mo...

  • Eurozone interest rates scrape new lows

    LONDON -- Long-term interest rates in eurozone countries have reached record lows amid expectations of further monetary easing by the European Central Bank, and uncertainty over the region's economy is fueling fears of deflation. The yield on 10-...

  • Orix to raise 20 billion yen from bond market

    TOKYO -- Orix will issue 20 billion yen ($190 million) in straight bonds to institutional investors as early as September. The 10-year bonds will carry a coupon rate of around 0.8% -- the lowest ever for the Japanese company's bonds with the same...

  • Foreign investors drove up JGB purchases in July

    TOKYO -- Foreign investors were the largest net buyers of Japanese bonds in July, purchasing a total of 1.28 trillion yen ($12.31 billion) worth, as the market tipped toward the safe haven of sovereign debt. Foreigners were net buyers for Japanes...

  • Alibaba's Yu'E Bao: is its high-yield era coming to an end?

    HONG KONG -- Alibaba Group Holding's online money market fund called Yu'E Bao is losing its luster of late. With its exceptionally high yields, the financial product's assets under management grew quickly after its launch June last year. A massiv...

  • Investors heading into 20-year JGBs on lower volatility

    TOKYO -- More investors are purchasing longer-term bonds, as the yields on their short- and medium-term counterparts appear close to bottoming out due to the Bank of Japan's massive open-market operations. The results of the 20-year Japanese gove...

  • Chinese banks to build capital through preferred shares

    SHANGHAI -- Leading Chinese banks will likely issue over 340 billion yuan ($55.3 billion) in preferred stock in an effort to bring capital ratios in line with tightening international regulations. The Bank of China announced it will issue as much...