HONG KONG: It's been a busy year for debt capital market bankers in Asia and that momentum is expected to carry on into 2004 as corporates and governments rush to borrow ahead of an anticipated rise in interest rates.
“It's going to be a busy first half in 2004. Many sovereigns and corporates are getting ready to come to the market,” Jon Pratt, head of Asian debt capital markets at Credit Suisse First Boston, said.
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