Global dollar bond issuance is poised to accelerate after Monday’s US$61 billion (RM247.39 billion) surge, the biggest one-day tally in nearly a year, as Asian borrowers storm the market.
Japan’s Resona Bank Ltd and Agricultural Bank of China Ltd began marketing notes on Tuesday, reprising a familiar year-start rush.
Japan’s two biggest banks — Sumitomo Mitsui Financial Group Inc and Mitsubishi UFJ Financial Group Inc — set the pace in the region with US$8 billion of notes combined at the start of the week. Saudi Arabia also raised US$11.5 billion in a deal Monday, lifting US-currency debt sales by companies and governments to the highest single-day total since January 2025.
The issuance surge highlights early January as one of the busiest windows for companies to secure early funding, with investment‑grade credit spreads still tight. Investor appetite also remains robust, as buyers snap up highly rated debt amid resilient economic growth and broadly solid corporate fundamentals.
High-grade dollar corporate bonds globally yield about 4.8%, a level that remains attractive by historical standards.
Source: theedgemalaysia
