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Emerging Markets

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  • CEE
    Tinkoff Bank, a Russian online bank, may return to the Eurobond market as early as this year as the prices on offer for their international bonds look attractive, even after the latest set of US sanctions on Russia, according to Larisa Chernysheva, head of investor relations at Tinkoff.
  • The Philippines’ Securities and Exchange Commission has given the greenlight to homeware store chain AllHome Corp to list on the local bourse for up to Ps20.7bn ($394.7m).
  • SBI Cards and Payment Services, the credit card subsidiary of State Bank of India, has invited investment banks and lawyers to submit proposals to work on its IPO.
  • Far East Consortium International (FEC) is in talks with banks to raise a bridge facility of around HK$1bn ($127m) to support its acquisition of a land plot in Kai Tak, this site of Hong Kong's old airport, from the government.
  • The price of real estate developer Kaisa Group Holdings' dollar bonds climbed after China announced a detailed plan over the weekend to develop the company's hometown, Shenzhen.
  • Idriss Amor has joined Bank of America Merrill Lynch as a rates trader for emerging markets.