HSBC Global Research: Asia's Bond Market - November 2011
Date: 7 November 2011
Language: English
Format: PDF
Pages: 175

Table of Contents
Overview 5 [The story behind China's rising onshore spreads]
Credit Strategy 15 [Credit Strategy and Asia Model Portfolio / The Magnificent Seven / Focus List]
The Magnificent Seven 22
Focus List 32
Credit Review 39 [Rebound without fundamental foundation]
Sovereign Risk Analysis 45
Monthly Focus: Federation of Malaysia 46
People’s Republic of China 49
Republic of Indonesia 52
Republic of the Philippines 53
Democratic Socialist Republic of Sri Lanka 57
Socialist Republic of Vietnam 58
Credit Research 65 [China banks: Shadow banking conundrum]
China banks 66
Company News & Analysis 85
Financial Institutions 86
Corporates 106
Asian Economics Desk
Reference 114
Asia Credit Coverage 118
Spread and Curve Charts 119
Appendix 127
HSBC Databank 128
Asian Yankee/Eurobond Secondary Trading Levels
as of 4/11/2011 145
Asian Rating Timeline 151
Disclosure appendix 160
Disclaimer 171