Europe

Akelius Residential Property, the Swedish property group, will begin a roadshow on Monday, September 7, for its first high yield bond in euros.

Estonia's Eesti Energia is looking to print a euro denominated Reg S bond.

Russian steelmaker Evraz signed two bilateral loans this month and is in the market for a bigger syndicated deal, according to bankers, while its competitor NLMK is still in talks with banks after trying to issue a syndicated loan for two years.

Russian mining company Norilsk Nickel is undertaking series of investor update meetings in early September.

Lloyds Bank was at the head of a stack of FIG trades that hit the market on Tuesday, despite European stocks diving again on poor manufacturing data from China.

The UK Debt Management Office plans to reopen an ultra-long index-linker in the second half of September. The deal will be the sovereign’s third syndication of its financial year.

Sparebank 1 Boligkreditt adopted a cautious strategy when pricing its new seven year bond on Friday. The borrower offered a defensive high single digit new issue premium which bankers say has led to a repricing of its curve. Rival bankers said could have an affect on the Norwegian supply which is building in the pipeline. However, bankers on the deal said that the impact was minimal and that pricing was in line with other recent issues.

OP Mortgage Bank made a successful return to the covered bond market on Friday, taking advantage of improved market conditions to print a €1bn seven year soft bullet.

The governments of Indonesia and Russia both signalled earlier this week that they are considering issuing renminbi denominated bonds. If the plans go ahead, these will be the third and fourth RMB deals from a foreign sovereign after the UK and Mongolia governments. However, FX volatility means now is not the best time to pull off a RMB deal.

Dealers have cut their fixed income inventories by 75% since 2008, according to staff at the Bank of England, who questioned bond market liquidity in a timely blog post on Thursday.

The Kingdom of Belgium has more than doubled its outstanding maturity curve with a 100 year medium term note, and it is keen to issue more ultra-long debt.

NL Financial Investments, the organisation that handles the Dutch state’s shareholdings, has selected eight investment banks as bookrunners and co-lead managers for ABN Amro’s highly anticipated flotation.