Demand for Korean bonds growing strongly in 2024: JP Morgan
In addition, there is growing demand for issuance in Asia's renewables market and also for private credit, according to senior managers at the bank.
JimMin
June 25, 2024
In tough markets for Asian investors, Korea’s bond market has been growing strongly in 2024 and taking up a large portion of the issuance.
“Korea’s bond market is growing strongly this year and has taken up 33% of the bond market in Asia, in part because the pricing differential between onshore and offshore is not significant and issuers are looking to diversify funding sources as at times onshore liquidity can be tight,” said Madhur Agarwal, head of Debt Capital Markets DCM prigination Asia ex. Japan, JP Morgan, speaking at a press conference in Hong Kong in June.
Overall the bank expects the bond market to finish...
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