Xin Lang Cai Jing·2026-01-06 03:59Core Viewpoint - The global dollar bond issuance is expected to accelerate following a significant surge to $61 billion on a single day, marking the highest level in nearly a year [1] Group 1: Market Activity - Asian borrowers are actively entering the market, with Japan's two major banks, Sumitomo Mitsui Trust and MUFG, collectively issuing $8 billion in bonds at the beginning of the week [1] - Saudi Arabia completed a $11.5 billion transaction on the same day, contributing to the highest daily issuance of dollar-denominated debt since January 2025 [1] Group 2: Demand and Economic Environment - Demand for dollar bonds remains strong, supported by a relatively stable economic environment in Asia [1] - Omar Slim, Co-Head of Asian Fixed Income at PineBridge Investments, noted that while there may be some widening of spreads due to the current levels and increased issuance, a significant expansion of spreads is not anticipated [1]