Asian Firms Rush to Sell Bonds in Busiest Day in Three Months

Asia’s primary dollar bond market is staging its busiest session in more than three months as borrowers scramble to capitalize on a fragile pause in Middle East hostilities.

At least four borrowers — including Indonesian lender PT Bank Negara Indonesia and Korea Ocean Business Corp. — have mandated banks for new deals in the coming days, marking the most crowded pipeline since early January.