After a frenetic first half and a quiet third quarter in Asia’s debt markets, most bankers are now looking forward to Christmas and preparing for 2012.
January is typically a busy month and banks are already lining up deals. Among those that are expected to kick off issuance next year is the Republic of Indonesia, which has picked HSBC, J.P. Morgan and Standard Chartered for a bond to raise at least $1 billion.
According to a person familiar with the deal, Indonesia is eyeing a dual-tranche 10-year and 30-year combination. There has long been talk of Indonesia issuing a 30-year bond, but the sovereign was said...
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