Barclays

China Development Bank is set to meet investors from September 21 in Europe ahead of issuing bonds in multiple currencies.

The Federal Reserve backed away from its first rate rise in nearly a decade due to concerns about a weak global economy, with talks now moving to a potential hike at the end of the year. Market observers in Asia reckon it’s time to move away from the Fed and focus on concerns closer to home.

Banks could be in for a boost of demand in the US short term debt market as money market investors, who had anticipated a rate rise on Thursday, redeploy their cash into short dated bank product in search of yield.

Municipality Finance is set to hit the road to showcase an upcoming debut in the additional tier one (AT1) market — and at least one other European agency could follow suit.

Pernod Ricard, the French distiller, priced an opportunistic €500m bond on Monday, paying a hefty 18bp premium in a market at risk of keeling over.

Two state owned corporations, La Poste and Adif Alta Velocidad, this week avoided paying the wider new issue premiums that many corporate issuers have been forced to concede.

Two European corporates have issued chunky privately-placed yen MTNs. Engie and TeliaSonera were both returning to the format for the first time in several years.

A $125m loan for Bharat PetroResources International (BPRL), a subsidiary of Bharat Petroleum Corp (BPCL), has launched into targeted syndication.

Everything fell into place for Glencore’s $2.5bn capital raising on Tuesday evening, as the company managed to raise its target sum with an accelerated bookbuild as a 9.99% share of its equity, just below the trigger for a rights issue.

Swedish group Akelius Residential Property on Wednesday sold €300m of unsecured notes with speculative grade ratings, entirely to investment grade investors.

A European agency outlined size expectations on Wednesday for an inaugural visit to the additional tier one (AT1) market, after mandating for the deal earlier in the day.

Adif Alta Velocidad, the Spanish state high speed rail network company, received heavy domestic demand for its €600m bond issue on Tuesday, which enabled it to pay a single digit new issue premium, as La Poste had the day before.