Citi

South Africa will meet investors in London and the US next week after announcing plans to borrow up to $2bn in the international markets this year.

The European Investment Bank on Tuesday became the sixth European public sector borrower to hit screens in sterling since March 13, tapping a January 2020 line for £250m. But UK inflation figures could put an end to the currency's run in the sun. Meanwhile, investors and banks discussed what form the next UK Gilt syndication should take.

Turkey’s Turkiye Sinai Kalkinma Bankasi (TSKB) made a second pioneering move into the sustainable bond market with the world’s first sustainable tier two bond on Tuesday, following on from a senior green bond last year.

Korea National Oil Corp (KNOC) took advantage of the positive market on Monday to price three $500m tranches of new notes at an attractive price, while still offering investors some cushion on the fixed rate portions.

Indonesian company Sri Rejeki Isman (Sritex) seized an unexpected window for a deal late on Monday morning, launching and pricing a $150m bond soon after an investor call.

Nederlandse Waterschapsbank has become the latest in a string of public sector borrowers to turn to the sterling market.

A pair of public sector borrowers are set to bring socially responsible bonds this week, with one aiming at the dollar short end and the other at the long end of the euro curve.

Credit Bank of Moscow has named leads for a rare Russian Basel III-compliant tier two bond, its first capital issue.

Korea National Oil Corp (KNOC) is selling a combination of floating and fixed rate bonds, with price thoughts for a five and a 10 year released at the same level. On the high yield side, China’s Shandong Yuhuang Chemical Co is marketing its debut three year notes.

South Korean game developer Netmarble Games has started pre-deal investor education for its up to W2.7tr ($2.4bn) IPO, according to bankers working on the transaction.

Indonesian company Sri Rejeki Isman (Sritex) is readying a seven non call four dollar note, announcing the deal on the back of strong growth in 2016.

Kenya finally launched an $800m loan into syndication after the appearance of another deal for the government delayed the process.