Asian sovereigns pounce on Fed hopes

摘要

South Korea and Indonesia charged into the international bond markets last week, raising a combined US$3.1bn as expectations of a US rate cut helped stir demand for emerging-market assets. The republic of korea (Aa2/AA/ AA-) took advantage of the risk-on mood to issue its first " socially-inspired" international bond offering on Thursday, part of national efforts to protect the environment and reduce income inequality.