Barclays

Italy blew the doors off the market with the first eurozone periphery sovereign benchmark in a month. And with extra explosives from the European Central Bank, it may have blown a hole big enough for its peers to pile through, writes Craig McGlashan.

It was just like the good old days in emerging market bonds this week despite the IMF's best attempts to spread doom and gloom. Riding the crest of a wave of supply though were the first Russian corporate deals longer than a year since 2013 — and how investors dived in. Francesca Young reports.

An Oxford college has become the first from the university and the seventh UK higher education institution overall this year to bring a private placement, with a £20m issuance.

Japan Post sets sail with IPOs — Datang Environment files in HK — Banpu Power eyes Thai float — Larsen & Toubro seeks $300m listing

Nomad Foods' €285m incremental cov-lite term loan illustrates how the leveraged loan market has widened, bankers have claimed.

The Republic of Poland printed an impressive €1.75bn six year bond on Wednesday with a skinny new issue premium, adding to the pile of successful CEEMEA bonds printed this week.

A supranational issuer fell just short of full subscription with a four year dollar deal on Wednesday, as SSAs looked for favourable pricing opportunities with unconventional maturities and short dated floaters.

Poland has released price guidance for a six year euro benchmark at a level which bankers away from the deal said offers a reasonable new issue premium.

Size is still coming at a price for SSA borrowers, with European Investment Bank paying a slightly elevated new issue premium for a $4bn five year on Tuesday. Despite this, bankers said a second trade from Erste Abwicklungsanstalt confirmed the market is in robust health.

Norilsk Nickel opened books on a seven year benchmark bond on Tuesday morning, which should help answer a key question on the minds of bankers and prospective borrowers — just what do Russian corporates have to pay to come to market?

The higher level of new issue premium SSAs have to pay in dollars is set to be showcased this week, after a pair of European borrowers hit screens on Monday with benchmarks in the currency.

A eurozone periphery sovereign is set to meet investors before a possible euro syndication, as a pair of countries from the region unveiled their funding plans for the rest of the year.