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Emerging Markets

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Deep breath for market as more guidance, more mandates appear
Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
Sovereign's $3bn deal tightens well as Asian demand returns

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  • The Export-Import Bank of Korea (Kexim) sealed a $1bn transaction on Tuesday with a combination of floating and fixed rate notes, on the back of a nearly seven times subscribed deal at its peak.
  • India’s IndusInd Bank is paying up for its latest loan, after an aggressive price cut for its previous fundraising in 2018.
  • Chile’s head of international finance told GlobalCapital that issuing a green bond had helped the sovereign attract new investors used to buying lower yielding paper, making the deal a win-win for both borrower and buy-side. It is planning to bring its next green deal in euros
  • Corporación Andina de Fomento (CAF) will sell its first public green bond in the second half of this year in euros, the development bank’s head of funding said at Euromoney's Global Borrowers and Investors Forum in London on Tuesday.
  • CEE
    The Black Sea Trade and Development Bank (BSTDB) has said it is focusing on selling a three year bond this week.
  • HSBC has appointed Alexander Malloch as head of its international subsidiary banking (ISB) business in Thailand.