Americas

US private placement issuers are regularly selecting more than one agent to arrange a transaction, forcing fees down and arranging standards to slip, according to two agents.

The US Commodity Futures Trading Commission (CTFC) brought in a $46.6m haul on Monday after filing and settling spoofing charges against UBS, HSBC and Deutsche Bank.

South America’s best-rated sovereign sold its second cross-border bond in three business days on Monday, matching the lowest spread it has ever paid in the dollar market — despite offering more new issue premium than recent lower rated Lat Am deals.

Brazilian low-cost airline Gol left books open overnight for its latest dollar deal as investors said they understood the company was expecting some Asian demand.

The first meeting of the Central Banks’ and Supervisors’ Network for Greening the Financial System has broadened the emphasis of the group’s work from a focus on climate change to one on climate and the environment.

Chinese wearables manufacturer Huami Corp has kicked off bookbuilding for a $120m IPO of American Depository Shares (ADS).

Data releases by a number of monetary authorities show uneven turnover in RMB-denominated FX transactions around the globe.

GDS Holdings raised $286m from the sale of new and existing equity last Friday after demand came in better than expected, allowing the secondary portion to be doubled.

Peruvian lender Interbank will increase the size of its recently issued 2023s by nearly $285m after bondholders of its old 2020s agreed to switch into the new bonds.

The Chicago Mercantile Exchange Group on Wednesday said that it had seen record open interest for Eurodollar futures, at 14.5m contracts, partially attributing the move to hedging for potential Fed rate hikes.

Bilibili, a popular Chinese video-streaming website for Japanese animation, is eyeing a $400m IPO in New York later this year.

Brazilian state-owned oil giant Petrobras, the most prolific dollar issuer in emerging markets, returned to the bond markets on Thursday with a flat to negative new issue concession amid overwhelming appetite for paper.