The Asian credit market has arrived with record $6.5bn CoCo bond: Kay Van-Petersen, Saxo Capital Markets Asia Macro Strategist - The Chinese bond market has...

The Asian credit market has arrived with record $6.5bn CoCo bond: Kay Van-Petersen, Saxo Capital Markets Asia Macro Strategist - The Chinese bond market has already seen 60% growth of issuances, year on year since 2013, and this shows no sign of stopping according to Saxo Capital Markets Asia Macro Strategist Kay Van-Petersen. Van-Petersen is closely watching the Bank of China's whopping $6.5 billion CoCo bond, which will account for approximately 10 per cent of all year-to-date issuances in China and is three times the average size of European CoCo bonds. (VIEW LINK)