Barclays

Sri Rejeki Isman (Sritex) is out with initial price thoughts on a debut dollar bond and has opted for a five year non call three structure.

James Chen, former managing director and head of Asia Pacific cash equities trading, program trading and delta one at Barclays, has joined BlueCrest Capital Management in Hong Kong.

The late week recovery in the FIG market continued on Friday, with La Banque Postale drawing strong interest for its tier two capital bond.

Technology powerhouse and Alibaba rival Tencent is on the road following the establishment of a $5bn GMTN programme on Thursday.

Another blowout deal from an Indian credit took place this week as State Bank of India’s return to the dollar market saw orderbooks six times oversubscribed for the dual tranche offering. Proving India’s outlook is still on the up, the issuer printed well inside its existing curve.

Suhyup Bank priced a new five year bond on Wednesday, with investors taking advantage of the rare Korean paper which received an orderbook that was eight times oversubscribed.

Latin American issuers have been piling into the euro-denominated bond markets in unprecedented volumes this year, with Pemex the latest to take advantage of euro investors’ need for diversification and yield.

Six bank and finance names raised $14.5bn in the space of three days, boasting bulging order books and minimal new issue concessions as investors scrambled for extra yield.

While the focus in euros this week may have been on Greece’s blowout return to the capital markets, two other issuers were able to sell successful trades of their own. The European Financial Stability Facility and Unédic breezed through seven year trades, though syndicate bankers worry that a quiet patch lies ahead with few agencies keen to issue.

FGA Capital, the car finance company jointly owned by Fiat and Crédit Agricole, sold another blowout bond on Wednesday, after a run of highly sought-after deals.

The sporting world has been hit by many a betting scandal over the last few years but they are all dwarfed by the latest disgrace to hit horse racing, Leak can reveal.

Zambia had to pay up for its second ever Eurobond this week, offering a nice concession to secure a $1bn 10 year bond. But a wave of demand sent the bond up two cash points in the secondary market despite the sovereign's financial difficulties, which bodes well for African borrowers with stronger credit metrics.