Prudential revealed yesterday that its would be buying almost $18bn worth of Asian sovereign government debt, including $7.4bn worth of Thai government debt, as part of its $35.5bn deal to buy the Asian businesses of AIG.
The Asian bond holdings were revealed as part of the Pru's mammoth prospectus, which was published yesterday following the launch of its $21bn rights issue on Monday.
Almost 30 per cent of AIA's investments are in local government debt because it has to invest much of investors' funds in each country in assets of the same currency and governments are among the biggest issuers of debt in each market.
您已閱讀44%（622字），剩餘56%（792字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。