Asia Tech & New Economy
Asian technology and communications issuers.
The Asia Tech & New Economy fixedincome screen is dominated by highbeta Japanese communications issuance and select highyielding regional credits offering compelling riskadjusted entry points. Japanese telecom exposure forms the core of the opportunity set, featuring senior and hybrid instruments across the curve—such as SoftBank's 9.75% 2034 and 8.25% 2031 bonds—delivering attractive yieldstoworst clustered between 8.7% and 9.9%. Meanwhile, select nonJapan assets like HKT Group Holdings' 2030 maturity present intriguing relative value propositions, with investmentgrade credit profiles trading at wide yield dispersions compared to broader tech sector medians.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HKT Capital No.1 Ltd. | …4082 | 0 | 22.814 | 100.73 | 2030-01-15 | BBB | USD | 300MM | |
| 2 | Softbank Group Corp. | …6676 | 6.875 | 9.96 | 97.2884616 | 2167-07-19 | 2027-07-19 | B+ | USD | 1.75BN |
| 3 | Softbank Group Corp. | …AC70 | 9.75 | 9.952 | 98.9375 | 2034-04-01 | 2034-01-01 | BB+ | USD | 4.5BN |
| 4 | Softbank Group Corp. | …7427 | 8.25 | 9.81 | 89.826 | 2065-10-29 | 2035-07-29 | B+ | USD | 1.1BN |
| 5 | Softbank Group Corp. | …AB97 | 9.25 | 9.443 | 99.1809524 | 2032-04-01 | 2032-01-01 | BB+ | USD | 4.5BN |
| 6 | Softbank Group Corp. | …9169 | 8.5 | 9.212 | 95.560051 | 2036-04-22 | 2036-01-23 | BB+ | USD | 500MM |
| 7 | Softbank Group Corp. | …8864 | 8.25 | 9.095 | 96.675 | 2031-10-22 | 2031-07-24 | BB+ | USD | 600MM |
| 8 | Softbank Group Corp. | …2355 | 7.5 | 9.016 | 90.9828571 | 2035-07-10 | 2035-04-10 | BB+ | USD | 500MM |
| 9 | Softbank Group Corp. | …2272 | 7.25 | 8.817 | 93.0903684 | 2032-07-10 | 2032-04-11 | BB+ | USD | 600MM |
| 10 | Softbank Group Corp. | …4112 | 6.875 | 8.713 | 93.649375 | 2031-01-10 | 2030-10-12 | BB+ | USD | 600MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.