Outlook for the week
Key economic releases for the week
Last Week Summary
Primary markets in Asia took it down a notch this week as the markets digests the record month in January. Nonetheless, some issuers caught the window of opportunity to secure financing before the Chinese New Year festivities. Most notably, Alibaba bagged a USD 5bn deal overnight post the resurface of Jack Ma. With the exception of China Overseas Grand Oceans Group, all Investment Grade issuers managed to price deals at negative New Issue Premium, averaging 36.7bps of Initial Price Guidance Tightening this week, signaling continued demand.