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At 7:30pm on September 16, 1992, or Black Wednesday, at the end of a frenzied day in the markets the UK chancellor of the exchequer Norman Lamont announced that Britain was leaving the Exchange Rate Mechanism of the European Monetary System. It was a critical change in policy direction from the path of monetary convergence with the Europe and the first Brexit.

The summer lull is at an end and borrowers have sprung back into action. The BondMarker voters have delivered their verdict on which of last week's deals impressed.

SSA issuers cannot be blamed for taking advantage this week of a chance to fund with so many things to worry about on the horizon. But this most orderly of markets could see issuers locking horns over who prints when.

A group of institutions working towards a distributed ledger solution for cash settlement has doubled in size, as six global investment banks came aboard this week.

In the month since the US's Securities and Exchange Commission published its report on the Decentralised Autonomous Organisation, a number of regulators around the world have chimed in to express similar opinions that they should regulate initial coin offerings. However, despite the gathering consensus, the flow of ICOs has yet to abate.

GlobalCapital is happy to announce the nominations for its Sustainable and Responsible Capital Markets Awards 2017.

Investment bankers are terribly ostentatious. Even in my retirement, I like new, shiny and expensive things, and luckily I have a deep enough wallet to afford them.

Myanmar’s equity capital market is set for fresh impetus as a handful of companies line up IPOs, with a member of the regulatory body predicting it will be the shot in the arm needed for a market that has slipped into obscurity this year. But although more issuers will be welcome, it is a change in the investor base that is really needed.

China Securities Regulatory Commission says stock exchanges should take up a more active regulatory role, the discipline commission puts anti-graft official stationed at the Ministry of Finance under investigation, and an index by Bank of China shows an uptick in cross-border renminbi activity in the second quarter.

Saudi Arabia considers issuing its first Panda bond, Ministry of Finance (MoF) plans to roll over Rmb600bn ($90.1bn) of debt by issuing special treasury bonds, and the Chinese premier piles pressure on state-owned enterprises (SOEs) directly owned by the State Council to deleverage more rapidly.

With a flurry of fanfare the Schuldscheinbörse Deutschland — the first attempt at a secondary market for Schuldschein loans — launched on the exchange floors of Hamburg and Hanover.

When a typhoon hit Hong Kong this week, junior bankers across the city scrambled to look frantically busy from the comfort of their sofas.