Barclays

Barclays has promoted Alex Aram to head of credit trading for Asia Pacific and has added two new hires to the region’s credit team.

Changes to rules governing the composition of US credit index CDX HY will improve the product’s relevance to debt markets and help address its recent disconnect from cash bonds, said market makers.

The European Investment Bank opened up a new line in its Climate Awareness Bond product on Thursday.And despite paying little or no new issue premium was able to increase the deal’s size.

A Dutch agency re-opened the euro benchmark sector for SSAs on Wednesday, selling its largest bond in the currency for more than three years after opting for an intraday execution.

SSA issuers coming in dollars before the next US payroll data release on September 4 are likely to take a conservative approach — a route already taken by two borrowers this week.

KfW hit the sterling market on Monday with a tap of a short dated line, as the issuer’s short-end spread over Gilts reached a year high.

Bain Capital-owned Wittur, the German lift components producer, has alerted lenders that a financing package backing its merger with Sematic is on the way.

FMS-Wertmanagement, the German wind-up agency, nipped in to print a four year floating rate note on Thursday.

US Reit Medical Properties on Wednesday sold its €500m unsecured bond drawing attention from investment and non-investment grade buyers by being the only corporate issue of the day.

Bain Capital-owned Wittur, the German lift components producer, has alerted lenders that a financing package backing its merger with Sematic is on the way.

HNA Capital successfully wrapped up its first dollar bond issue on August 11. The debutant's deal was the only one in the market, after it was assured that a private bank rebate and juicy pricing could draw demand.

At least three Turkish banks have set up covered bond programmes and could theoretically be ready to issue their first benchmarks this autumn. However, even if the political outlook improves, the cost of funding in dollars using established senior unsecured programmes may be difficult to beat.