Asian credit correspondent
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Indonesian companies are lining up rupiah bonds before borrowing costs rise further, following two rate increases by Bank Indonesia, while dollar bond issuance has slowed.
India’s National Stock Exchange has launched a tri-party repo platform for corporate bonds, in a move expected to deepen liquidity in the domestic debt market.
India’s state-owned non-banking finance companies are facing higher capital requirements under new rules bringing them in line with their privately owned peers.