Americas

Peru published its sustainable bond framework on Friday, after the finance ministry issued a resolution approving the document and therefore paving the way for the incoming government to issue what would be the country’s first sovereign ESG bond.

Large US banks are expected to turn their attention to the euro market next week, having raised $21.75bn of debt in their home currency after reporting their latest results.

A huge Japanese financial holding company is buying a stake in a US investment bank. Where have we seen that before?

As Western companies operating in Hong Kong await the details of a warning from the US State Department about the risks of doing business in the special administrative region, analysts say the growing rift between China and the US is putting HSBC in an especially uncomfortable position.

Mexican real estate investment trust (Reit) Fibra Soma debuted in international bond markets on Thursday with a $600m deal. Investors said it offered an attractive spread over its larger, more established competitor Fibra Uno.

Japan’s Sumitomo Mitsui Financial Group has formed an alliance with Jefferies and is providing the US investment bank with capital to pursue its ambitions in leveraged finance.

Royalty Pharma was the lone corporate issuer in the US dollar bond market this week, as earnings blackouts snuffed out supply.

Continued strong inflows into emerging markets debt funds are encouraging riskier Latin American companies to turn to debt markets for funding — even as political risks weigh heavily on the outlook for certain credits. While some buyers think they are picking up rare bargains, others are concerned that they’re becoming overexposed to the region.

US banks added to their massive dollar funding spree this week, as Goldman Sachs, Morgan Stanley and Bank of America took home a combined $22bn after reporting strong second quarter earnings.

Four public sector borrowers received strong receptions in the primary US dollar market this week, with a lack of supply in the currency over the last few weeks overriding volatility in US Treasuries.

China’s move to tighten its grip on overseas IPOs of technology companies could be a boon to a handful of other markets in Asia.

Chile’s head of international finance told GlobalCapital this week that the country was likely to tap euro and dollar bond markets again this year after it increased its 2021 funding needs by $8bn.