Europe
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Barclays PLC secured strong demand and tight pricing for its €1.25bn 10 year non-call five tier two notes on Wednesday, leaving market participants optimistic about bank capital supply. -
Credit Suisse made good use of money market funds to secure €1.5bn in two year floating rate note on Wednesday.
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Royal London Mutual Insurance Society looked to the sterling market for a 13 year subordinated bond following meetings with investors earlier this week.
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Caixabank, Spain’s largest retail bank, priced a €1bn five year deal on Wednesday, attracting investors with a generous new issue premium. The transaction attracted the broadest and deepest distribution of any Spanish deal since July.
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Switzerland's largest canton returned to the Swiss franc market after a long absence on Tuesday with a 12 year deal that was heavily oversubscribed.
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The acting head of the Financial Conduct Authority said on Tuesday that the FCA would set up a UK Debt Market Forum.
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Avicem HK, a subsidiary of Shenzhen-listed Avic Electromechanical Systems Co, has wound up a €350m ($384.6m) loan with a group of four banks.
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China’s decision to reform its parity mechanism has ushered in a new phase of volatility for both the onshore RMB (CNY) and its offshore counterpart (CNH). Beijing has said markets should welcome the volatility as a signal of its reduced influence on the currency. For market watchers, external forces will be equally crucial to its success.
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Hapag-Lloyd, the German container shipping company, succeeded in completing its IPO, after a hard campaign in which the outcome had looked in doubt.
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The Scandinavian bank returned to the Swiss franc market with a new eight year senior unsecured benchmark bond on Tuesday, following strong demand from local institutional investors
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BNP Paribas sold its last remaining shares in Klépierre, the French property company, for €829m on Monday night, in an accelerated bookbuild.
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A trio of SSA issuers made moves to mop up short end dollar demand on Tuesday. NRW Bank printed a $1bn bond and two others mandated for deals.
