Americas

Citigroup launched a senior unsecured bond in the sterling market on Wednesday, just as the UK government appeared to be making some progress over its Brexit deal with the EU.

Chinese online education platform Youdao has launched bookbuilding for its New York Stock Exchange listing, eyeing up to $100.8m from the deal.

Telecommunications Services of Trinidad and Tobago (TSTT) raised $300m in senior secured bonds on Tuesday.

JP Morgan, Citi and Goldman Sachs kicked off the third quarter results season for investment banks on Tuesday. While debt and equity underwriting revenues grew substantially at JP Morgan compared with the equivalent quarter of last year, they fell at Goldman.

Suriname’s finance minister Gillmore Hoefdraad tells GlobalMarkets that reforms are under way to bring structural improvements to the resource-rich economy

A well-managed mining sector, falling inflation and increasing reserves continue to underpin Suriname’s recovery. However, further robust policy action is still needed to lay a sustainable base for stability and growth

Suriname’s new central bank governor has had an immediate impact, ringing the changes and setting out his vision for 2030

As drilling advances off the coast of Suriname, the CEO of the state-owned oil company Staatsolie is calling for the country to prepare itself for a big oil discovery

Bond market participants had been mostly confident that Ecuador’s government could see out mass public protest and stick to IMF-supported measures designed to shore up public finances — until last Friday, at least. But bondholders could be in for a tough time after the government backtracked on these measures.

BAC International Bank has returned to the loan market, seeking $100m from a global syndicate.

Colombian airline Avianca has pushed out the deadline on its bond exchange by two weeks as continues negotiations with its broader creditor base on a restructuring of its debt.

In this round-up, China and the United States emerged out of a two-day trade talk with a “phase one” deal, China’s securities regulator set dates for further opening up of onshore financial markets and the Monetary Authority of Macau plans to launch a Nasdaq-like stock exchange for the offshore renminbi market.