Deutsche Bank

Österreichische Kontrollbank and Erste Abwicklungsanstalt priced well received dollar deals on Tuesday. The pipeline in the currency is building with Bank Nederlanse Gementeen and Swedish Export Credit Corporation having lined up three year trades.

KfW received a final book of over €12bn for a five year euro benchmark on Tuesday, while the City of Hamburg closed out its funding for the year with its longest outstanding bond. Finnvera will add to the euro SSA supply this week, after mandating banks for a short 10 year that is likely to be its final syndication of the year.

Nothing is scarier than the idea that your risk management is special. Deutsche should look again at its leveraged finance business.

China's Guodong Network Communications is seeking a debut loan of up to €150m ($170m) in syndication.

Österreichische Kontrollbank will complete its benchmark funding for the year with a no-grow $1bn five year. Meanwhile, Erste Abwicklungsanstalt has lined up its second dollar deal of the year in the three year part of the curve.

Nova Ljubljanska Banka (NLB), the largest bank in Slovenia, has fixed the price range for its €734m IPO in London and Ljubljana, after a positive response from investors during pre-marketing.

Philippine conglomerate San Miguel Corp raised Ps34.1bn ($634.2m) on Thursday after selling shares in subsidiary San Miguel Food and Beverage at the bottom of the price guidance.

Indonesia’s Pertamina has withdrawn a cash tender offer for its 2021 and 2022 notes and will not be selling a new bond at this time due to unfavourable market conditions.

Another poor set of results from Deutsche Bank left analysts wondering if radical reforms announced earlier this year will be enough to stop the bank’s slide.

Rating: B2/—/B+

Tunisia raised €500m of five year paper on Wednesday with a 144A/Reg S benchmark.

The Central Bank of Tunisia, on behalf of the sovereign, hit the market on Wednesday morning to print a five year euro benchmark.