Chito Santiago

1 week ago | theasset.com | Chito Santiago

International Finance Corporation ( IFC ), the private sector arm of the World Bank Group, priced on April 29 its inaugural benchmark public bond denominated in Hong Kong dollars, amounting to HK$5 billion ( US$650 million ). The transaction marks the first Hong Kong dollar-denominated social bond issued in a public format by a supranational. The three-year offering, also labelled as a social wonton bond, was priced at par with a similar coupon and re-offer yield of 3.123%.

1 month ago | theasset.com | Chito Santiago

Singapore lender UOB on March 26 priced a multi-tranche bond offering totaling US$2 billion, taking advantage of recent constructive market environment and a stable issuance window. The issuance generated a strong investor demand and achieved tighter pricing from comparable financial institution group ( FIG ) transactions.

Feb 3, 2025 | cn.theasset.com | Chito Santiago

Treasury & Capital MarketsIndia's Aditya Birla Housing Finance secures IFC fundingInvestment seeks to encourage home ownership among women, foster entrepreneurial growthAditya Birla Housing Finance ( ABHFL ), a wholly owned subsidiary of Indian financial services provider Aditya Birla Capital, has secured an investment of 8.30 billion rupees ( US$95.70 million ) through non-convertible debentures ( NCDs ) from the International Finance Corporation ( IFC ).

Jan 23, 2025 | theasset.com | Chito Santiago

Philippine lender Rizal Commercial Banking Corporation ( RCBC ) returned to the US dollar bond market on January 21 when it printed a US$350 million sustainability bond in a demonstration of its commitment towards building a climate-resilient and low-carbon loan portfolio. The five-year, one-day senior unsecured bonds were priced at 99.279% with a coupon of 5.375% - equivalent to a spread of 115 basis points ( bp ) over US treasuries.

Nov 28, 2024 | theasset.com | Chito Santiago

Financial markets in emerging East Asia in late third quarter of this year saw heightened uncertainty around the US Federal Reserve's policy stance and the US elections, according to the latest issue of Asia Bond Monitor published on November 27 by the Asian Development Bank (ADB). Long-term bond yields rose in most regional markets tracking the bond yield increase in the US.