Asian debt capital markets have entered a pivotal period, with the large autumn pipeline unfolding onto a market uncertain whether it has reached bottom, or is about to sink lower because of heightened geopolitical risks and emerging market contagion.
Market participants believe the success or failure of deals executed over the coming few weeks will stamp the rest of the year ... for good or for ill.
“The first half was long and difficult,” said James Arnold, head of Asia Pacific debt syndicate at Citi. “The summer break punctured that and gave markets time to heal.
“The next few weeks...
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