Asean

Malaysian telecommunications group Axiata extended its credit curve this week, raising $500m from a 10 year wakala sukuk.

Intercontinental Exchange has begun clearing the iTraxx Australia and Asia ex-Japan Investment Grade credit default swap indices, as well as six individual sovereign credits in the region.

Thailand’s Securities and Exchange Commission (SEC) plans to bolster confidence in the country's capital markets with a set of new guidelines for institutional investors.

Oil products storage and distribution firm Puma Energy has invited banks to attend a presentation in late March. The company last tapped syndicated loans for a $1.25bn triple trancher in May 2015.

Cemex Holdings Philippines (CHP), an affiliate of Mexican cement giant Cemex, is seeking approval from the Philippine stock market regulator for a potential Ps39.7bn ($851.6m) IPO.

Malaysian telecommunications giant Axiata Group and Bank of Communications Financial Leasing are looking to tie up their respective dollar offerings on Tuesday with the former executing a sukuk and the latter a conventional bond.

Malaysia Building Society (MBSB) has announced a two-call rights issue that will see it raise up to MR2bn ($487m) from shareholders.

In this round-up, Malaysia opens RMB qualified foreign institutional investor (RQFII) applications, Macau launches a RMB real time gross settlement (RTGS) payment system, China Construction Bank (CCB) will join the new London silver fix, and the Singapore Exchange (SGX) reported a strong start to RMB currency futures trading in 2016. Plus, a recap of GlobalRMB's top stories this week.

Perennial Real Estate raised S$125m ($90.4m) from a three year bond on Thursday, the latest in a flurry of deals in Singapore’s debt market.

A $300m three year loan for Development Bank of the Philippines (DBP) has been allocated, with the borrowing capped at the launch size despite an oversubscription.

Manulife US Real Estate Investment Trust (Reit) has rejigged the syndicate for its planned $400m IPO in Singapore, with JP Morgan no longer among the banks working on the deal.

Bank of America Merrill Lynch has lost a member of its equity capital markets syndicate team in Hong Kong and a DCM banker in South Korea, sources said this week.