Three issuers, including Incheon International Airport Corp, are already marketing US dollar-denominated notes on Tuesday, underscoring a rebound in primary activity after weeks of muted issuance. The Iran conflict has sharply curtailed issuance, leaving volumes in 2026 down 3% from a year earlier, despite a 24% surge in the first two months.
(April 14): Asia’s primary dollar bond market is staging its busiest session in more than three months as borrowers scramble to capitalise on a fragile pause in Middle East hostilities.
At least four borrowers — including Indonesian lender PT Bank Negara Indonesia and Korea Ocean Business Corp — have mandated banks for new deals in the coming days, marking the most crowded pipeline since early January.
