DCM primary market practices in Asia-Pacific: an ICMA conversation
ICMA Chief Representative for Asia-Pacific Mushtaq Kapasi speaks to Leland Goss, ICMA General Counsel, and Ruari Ewing, Secretary to the ICMA Primary Market Practices Committee about DCM syndication practices in the Asian international markets. Their discussion focuses on how DCM differs from ECM, how bond syndication works and why, the role and operation of the ICMA Primary Market Handbook in this respect, the cross-border nature of bond syndication and also certain specific aspects relating to rebates, X orders and prop orders.
