National Australia Bank’s A$300 million certified climate bond is the first green bond from an Australian financial institution. It is also the world’s first bank bond to be certified as a climate bond
Chinese companies can now use onshore assets to guarantee bonds if proceeds are used offshore. But credit enhancement structures will develop as long as issuers plan to remit cash onshore
Better disclosure and more transparent board selection would help improve corporate governance in Asia’s capital markets, according to industry participants
The region’s banks have more than enough Repo markets in Asia are growing and new banking regulations make it more expensive for banks to hold assets on their own books. But collateral in the region must be permitted to move across borders. While dealers in other jurisdictions may complain about a shortage of collateral, the market remains relatively simple in Asia: it's predominantly cash.
