Asian Bond Market Continues to Be Resilient: Triada Capital’s CIO

The transcript discusses the resilience of bond markets during the epidemic, highlighting the rebound of benchmark names and the continued inflow into Asia credit. It examines new bond issuance trends, noting significant contributions from China and high-yield bonds, with expectations of a gross supply addition of around 300 billion. The discussion also covers the PBOC's measures to maintain financial stability, including frontloading fiscal stimulus and allowing debt expansion to stimulate the economy, while prioritizing economic recovery over deleveraging.

What factors contribute to the resilience of bond markets during the epidemic?

What is the significance of the oversubscription of bonds in the high yield space?

What expectations do market participants have regarding gross supply addition for the year?

In what ways has the PBOC adjusted its policies to maintain financial stability?

How has the issuance of local government bonds changed in response to the economic situation?