Asian corporate bonds market hits US100b

Corporate bond issuance in Asia ex-Japan last week passed US$100 billion for the year as companies continue to rely on the inexpensive financing channel for expansion and risk-averse investors favour more reliable returns in the face of lacklustre stock market performances.

The increased capital flows into Asian bond markets from debt-laden economies in the West is likely to drive investor demand for coupon-paying products, given the challenge in the region of supporting a growing number of older people in the face of stubbornly high unemployment.

via Business feed http://www.scmp.com/business/banking-finance/article/1051101/asian-corporate-bonds-market-hits-us100b