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We can all find ourselves in embarrassing situations, like that time Donald Trump greeted cameras with a string of loo roll stuck to the bottom of his shoe. I’m usually just happy not to be the victim.

Gentlemen’s agreements seem like a quaint idea when billions of dollars are up for grabs, yet, bafflingly, the capital markets continue relying on them. It’s time to stop assuming borrowers will blindly do what financiers want when there is a cheaper, easier or more sensible option for treasuries to take.

Aramco’s bond prospectus shows many things, but it makes it clear just how thin the rationale for raising the money is. But at least it helps the investment banks.

The mania surrounding the UK’s exit from the European Union is reaching fever pitch but the City has ploughed on during the last three months, despite the appalling leadership shown by the UK’s leading politicians.

Global investors lauded the inclusion of Chinese bonds in Bloomberg Barclays’ flagship index this week as the start of a new era, but onshore bankers said it was only a gesture. Perhaps they are both right. The move will force global investors into the unknown and could redraw the map for global bond investment.

In this round-up, Chinese government and policy bank bonds are included in the Bloomberg Barclays Global Aggregate Index, JP Morgan and Nomura win permission to set up securities JVs and China’s Purchasing Managers’ Index (PMI) rebounds from a three-month low.

In this round-up: January-February industrial profits plummet, Luxembourg Stock Exchange agrees to post China domestic green bond data, Shanghai tech board waves through eight more

In this round-up the Ministry of Finance cut the subsidy for purchasing new energy vehicles by more than half, Ireland-domiciled funds gained a new way to access the Chinese interbank bond market, and China's central bank opens up

Forget the anti-EU politicians preparing to make gains in the upcoming European Parliament elections. Just as in the eurozone crisis, it is the incumbents holding up reform in the bloc.

There is nothing wrong with letting banks decide for themselves if refinancing an additional tier one is in their own best interests.

Sean Tai, founder of Debtdomain, spoke exclusively to GlobalCapital to discuss digital platforms in the Schuldschein market: their future, barriers to entry, the risk of fragmentation — and the possibility that Debtdomain's functionality could broaden.

Turkey has had a sensational quarter, with borrowers from the country raising more than $10.2bn in the market — the highest total in history. But with its central bank short of reserves and its currency struggling to hold on to its gains, a cap in hand visit to the IMF may be around the corner, and Turkish issuers’ best funding days may be behind them.