Asian Local-Currency Bond Sales Reach Record on Risks to Dollar

President Donald Trump’s unpredictable policy moves are driving investor demand for Asian local-currency bonds, spurring fresh interest in the region.

Companies and non-sovereign issuers in Asia Pacific have sold about $1.5 trillion in bonds so far in 2025 in the region’s currencies, a 6% rise and a record for this period, according to data compiled by Bloomberg. Offerings in the three months from April to June were the highest for any quarter.