Issuers from the Asia-Pacific region flocked to the US dollar bond market on Tuesday, making it one of the region's busiest trading days since this year, as global companies prepare to raise big before interest rates rise further. According to people familiar with the matter, more than 10 issuers in the region have lined up to issue bonds, including Japan's largest bank, Mitsubishi UFJ Financial Group, which is seeking to issue 3.5 billion US dollars in bonds. These people familiar with the matter requested anonymity due to private discussions. Other banks, such as Japanese counterpart Mizuho Financial Group, Commonwealth Bank of Australia, and Maybank, are also planning to raise capital, while medical device manufacturer Olympus has hired banks to prepare for potential issuance.

Issuers from the Asia-Pacific region flocked to the US dollar bond market on Tuesday, making it one of the region's busiest trading days since this year, as global companies prepare to raise big before interest rates rise further. According to people familiar with the matter, more than 10 issuers in the region have lined up to issue bonds, including Japan's largest bank, Mitsubishi UFJ Financial Group, which is seeking to issue 3.5 billion US dollars in bonds. These people familiar with the matter requested anonymity due to private discussions. Other banks, such as Japanese counterpart Mizuho Financial Group, Commonwealth Bank of Australia, and Maybank, are also planning to raise capital, while medical device manufacturer Olympus has hired banks to prepare for potential issuance.