Commonwealth Bank of Australia

Svenska Handelsbanken has chosen three banks to work on its first Kangaroo bond since 2014.

Commonwealth Bank of Australia (CBA) funded itself more cheaply with a 15 year covered bond than it did with a five year this week. It followed Swedish Covered Bond Corporation (SCBC) which issued at the same spread as earlier deals despite a market widening.

Royal Bank of Canada (RBC) issued a five year Aussie dollar floater on Wednesday, attracting strong demand from Australian and Asian investors.

The Inter-American Development Bank has printed a five year Kauri bond, its first in the market since 2009.

Airport Authority Hong Kong (AA) has tied up a HK$5bn ($645m) five year fundraising with a group of 21 banks that were undeterred by the sub-100bp pricing.

BoC Aviation has increased its latest borrowing to $500m after banks from across Asia poured into the transaction.

BoC Aviation has wrapped up its latest borrowing at a bigger size of $500m as banks from across Asia poured into the transaction.

Banks leapt on demand for Hong Kong dollar medium term notes this week, as better than expected US non-farm payrolls drove rates up in the dollar-pegged currency.

BoC Aviation has swooped into the syndicated loan market for a $300m unsecured transaction, launching the deal with four banks at the top.

BoC Aviation has soared into the syndicated loan market for a $300m unsecured borrowing, launching the deal with four banks at the top.

Banks have rarely been considered paragons of virtue, but never have they been as vilified as they are today. After the bail-outs, a seemingly endless procession of misconduct has left ethically-minded customers holding their noses while reaching for debit cards. But against the backdrop of scandal and suspicion, banks are doing more than ever to demonstrate to customers that they are doing the right thing. Owen Sanderson reports.

Korean banks have pulled back from the Samurai market, as funding costs have moved against them, but some other names have stepped into the breach. Australian banks are a key fixture in the Samurai markets, while the arrival of Maybank this year gives a pointer to future issuance. Asia Pacific financial institutions issuers are also proving instrumental in the steady development of the Pro-Bond market. Volatility in China, however, is not helping anybody. In September, some of Asia Pacific’s leadering FIG borrowers spoke to GlobalCapital about prospects in the Japanese capital markets.