Citi

European Investment Bank received a warm welcome on Wednesday for its fourth euro benchmark outing of the year.

The head of European high yield credit trading at Citigroup is leaving the bank to pursue a career away from rival banks.

Indiabulls Housing Finance raised Rp13.3bn ($200m) from its maiden Masala bond on Wednesday. The trade was the third public offshore rupee deal from an Indian name and more companies from different sectors are set to follow suit, reckon bankers.

Belfius Bank has priced the first Belgian covered bond inside a French covered bond and with virtually no new issue concession.

A special purpose vehicle backed by the state-owned sponsor of Mexico City’s new airport will begin a roadshow on Friday ahead of a planned green bond.

The European Investment Bank will on Wednesday tackle a part of the euro curve where Finland drew a strong book last week, as the European Financial Stability Facility made light work of its funding needs for the third quarter.

The World Bank has brought the post-summer sterling market to life with the biggest deal in the currency from a supranational or agency in months. But the deal may mark a high point, with little else in the pipeline, said bankers.

A trio of public sector borrowers are set to spray the short end of the dollar curve with deals on Wednesday, including one making its first visit in over two years, as markets priced in an ever decreasing chance of a rate rise at the next US Federal Open Market Committee meeting later this month.

Indiabulls Housing Finance is looking to raise a minimum of Rp10bn ($150m) from its maiden Masala bond, becoming only the third Indian corporate to seek offshore rupees in the public market.

Industrial Bank is set to test investor appetite for its maiden dollar offering after setting up a new medium term note programme and mandating firms for a transaction.

Demand for the €500m bond from Swedish property owner Hemso Fastighets on Tuesday confirmed Nordic momentum in the corporate market.

Greek gaming company Intralot is looking to refinance €200m of loans following the completion of the merger of its Italian unit with Italian gaming firm Gamenet.