Deutsche Bank

Nederlandse Waterschapsbank pushed its dollar curve out to 10 years on Friday with its third green bond.

Hutchison China MediTech (Chi-Med) has pocketed $101.25m from its Nasdaq IPO, debuting on the exchange on Thursday. But it had a lukewarm start, dropping 0.74% at the end of its first trading day.

Chinese e-commerce group Alibaba is understood to have seen a good turnout for a roadshow held on Thursday for its $3bn syndicated loan. Bankers reckon the pricing and the potential use of proceeds contributed to the appeal.

In this round-up, China's cross-border trade settlement fell to a near three-year low in February, CME reports record levels of trading in its offshore RMB futures, RMB spot trading fell but swap trading surged on the Moscow Exchange, Singapore renewed its currency swap line, and Deutsche Bank sets up a the first interbank host-to host platform by a foreign bank in China. Plus, a recap of GlobalRMB's top stories this week.

Deutsche Bank has hired Jason Cox as a co-head of equity capital markets for Asia Pacific, as the bank lays out the management structure for the region.

Less than a week after the European Central Bank announced monetary stimulus measures directly targeting the continent’s corporate bond market, a dramatic rally has delivered Europe’s largest ever euro-denominated corporate bond.

A postponed deal as issuers clashed in the SSA market left a blemish on a strong week for the improving public sector dollar bond market. But such occurrences may well become the norm as issuers crowd in to narrow windows, writes Craig McGlashan.

As further news of banks being unofficially asked to stay out of arranging a Russian sovereign bond was leaked this week, gas giant Gazprom entered the Swiss franc market and drew one of the largest ever books for a note in the currency, demonstrating the pent up demand that exists for Russian paper.

Rating: Baa1/BBB+/A-

Senvion, the German wind turbine maker, pulled its €700m IPO on Wednesday morning, after a difficult bookbuild that failed to deliver a covered book.

Nederlandse Waterschapsbank has mandated four banks for a 10 year green benchmark in dollars, following BNG's 10 year dollar deal on March 10.

Gazprom printed its Sfr500m bond on Wednesday from a Sfr2bn book, one of the largest ever for an international issuer in the Swiss franc market.