Asia debt offerings hit record in H1, slowdown seen temporary

Newswire

By Umesh Desai HONG KONG, June 29 (Reuters) - Asia bond issues jumped 48 percent to a record in the first half as companies went on a fund-raising spree, but business has slowed due to rising yields and jittery markets. June was the slowest month this quarter as the near-collapse of two mortgage-related hedge funds rattled global financial markets. One change in the market's dynamics is investors getting into a position to dictate terms, as shown by two issues being delayed this week: ...

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