Asia’s $306 Billion of Global Bond Sales Are About to Go Higher

LNG underground tanks and pipelines at the Jera Co. Futtsu Thermal Power Station in Futtsu, Japan.Photographer: Kiyoshi Ota/Bloomberg

More Asian borrowers are considering bond offerings, extending a stretch of sales that’s already jumped to the most since 2021 at $306 billion-equivalent across dollars and euros this year.

Japan’s Fukoku Mutual Life Insurance Co. Bloomberg Terminaland Jera Co.Bloomberg Terminal, a power producer, are both kicking off discussions on potential dollar note deals Monday, according to people with knowledge of the matter. Korea National Oil Corp.Bloomberg Terminal is also set to conduct investor meetings and calls this week, while Japan-based trading firm Mitsui & Co.Bloomberg Terminal hired banks for a potential offering.