Citi

Sumitomo Mitsui Banking Corporation (SMBC) priced another blowout $3bn four tranche dollar bond on July 8, its second this year. Although aimed at US investors, the bond also attracted strong demand from Asia and allowed bankers to price the deal flat to the borrower's existing curve.

Investors in Chile expect power transmission company Transelec to price a new 10 year bond on Wednesday, predicting a spread well inside that achieved by fellow Chilean Colbún, the power generator that issued last week.

Bankers hailed the timing of Peruvian development bank Corporación Financiera de Desarrollo (Cofide) after the government owned lender snatched at the chance to print blowout five year senior and 15 year Tier two subordinated bonds on Tuesday afternoon.

ONGC Videsh kept investors guessing with its latest bond deal, launching in dollars but adding a last minute euro ticket – its debut in the currency. The $2.2bn through the triple tranche dual currency bond ranks as the largest G3 offering by an Indian name, with the euro tranche driving tighter pricing on the dollar legs.

Sumitomo Mitsui Banking Corporation (SMBC) is looking to make its sixth dollar denominated public issue of the year. And as with its blowout $3bn deal from January, the Japanese bank is seeking a four tranche bond.

Kookmin Bank priced its second syndicated dollar bond of the year on Monday, this time opting for a fixed rate deal to target a fresh pool of investors.

Investors expect Peru’s government owned development bank Corporación Financiera de Desarrolly (Cofide) to attract heavy demand for a dual-tranche bond issue expected to be priced on Tuesday. Moody’s two notch upgrade of the Peruvian sovereign will only help drive interest, added market participants.

Indonesia’s Perusahaan Gas Negara (PGN) is considering cutting the size of its loan to between $600m-$700m, from the planned $1.5bn, after a blockbuster bond from May reduced its funding requirements.

ONGC Videsh has opened guidance on a dual tranche dollar offering just days before newly elected prime minister Narendra Modi reveals his maiden budget on Thursday, July 10. Despite market expectations of a euro-denominated bond, the issuer opted for dollars as the conditions were more favourable.

Kookmin Bank opened books for its second dollar deal this year on Monday. The three year bond comes as Korean borrowers issued a record volume of G3 debt during the first half of 2014.

China National Gold Corporation is meeting investors next week to discuss its proposed dollar bond. The borrower has issued a number of renminbi bonds in the domestic market but this will be its first international offering.

China Huarong Asset Management Corporation (AMC), one of China’s four big AMCs, is meeting investors next week for what would be its inaugural international bond.