Monday, May 23, 2016

ASIA CREDIT CLOSE: Rate fears overshadow buoyant primary market

SINGAPORE, May 23 (IFR) - A burst of primary activity and

expected large issues from the likes of Indonesia and Huarong

Asset Management caused some movement in secondary markets, but

the focus for traders was on pricing in the likelihood of a June

rate rise - exactly the reason why issuers are rushing to market

in the coming weeks.

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