When FinanceAsia spoke with Deutsche Bank in January the forecast was for another year of robust volumes in Asia's G3 bond markets, with Chinese property developers and high-yield borrowers expected to contribute a greater share of new issuance. Deutsche also predicted activity in Hong and India to increase, alongside the traditionally dominant Korea.
Now, six months down the track, it looks like Deutsche got it right, with its overall predictions barely deviating from what has unfolded so far.
Over the past six months the market has been hit by global events, such as the sovereign debt problems in Europe and the tightening of regulations in the China property sector, which have driven volatility higher....
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