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Headline: Local Asian bond markets – The credit picking gets harder Source: Euromoney Date: February 2000 Author: Pauline Loong, Dominic Jones, Gill Baker Last year bond investors only had to pick the right country to make profits in Asia. This year the focus is on individual credits, and there are plenty to choose from. Investors need to do their homework. Governments and corporates are issuing fast and furiously. Corporates want an alternative to bank lending, over-reliance on which, they say, caused some of their past troubles. |
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