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Deutsche Bank bullish on Asian bond returns

July 12, 2010  

From Aaron Pan

The German bank’s regional head of fixed income return is optimistic about the outlook for the region’s fixed income market, despite Asian bond prices and debt issuance being hurt by the recent financial market volatility.

The outlook for Asia’s bond markets looks good, despite recent choppy financial markets and a drop in investor appetite for risk, according to Deutsche Bank.

Valuations in the region’s fixed income markets were dragged lower alongside other asset classes...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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