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The recent disclosure by Wikileaks of a conversation between three senior directors at the International Monetary Fund (IMF) raised the uncomfortable topic of the Greek debt crisis, which shows few signs of abating. The conversations suggested political tensions in the European Union will get worse, not better.

When Mozambique was forced to disclose a near $800m bilateral agreement part way through the exchange offer for Ematum bonds, investors were angry. But even with that last hiccup, they’ve been gifted a bargain.

Much of the UK media just cannot leave the prospect of an uncovered — or, to use the common but incorrect parlance, “failed” — sovereign debt auction alone. Even when the UK Debt Management Office introduces a new mechanism to improve price discovery, stories are littered with references to boosting demand.

One of the international bond market’s favourite events — GlobalCapital’s annual gala dinner — will take place on May 25 in London’s Guildhall. This spectacular evening gives the world’s borrowers and capital markets bankers an opportunity to celebrate the achievements of the past 12 months and look forward to the challenges ahead.

Public outrage around tax avoidance, set ablaze by the Luxembourg Leaks last year and now superheated by the recent “Panama Papers”, is becoming visceral. And public disgust is a pretty reliable leading indicator of big trouble for banks.

It goes without saying that things have not gone according to plan for Asia’s equity capital markets this past quarter. The numbers are sobering and the reality is that ECM has seen some fundamental shifts as deal origination and execution become more non-traditional. But that does not have to be a bad thing.

One of the Ranger’s beloved companions, Silver, left the newspaper last week. In his final days, the departing journalist reminisced about his most colourful contacts.

Is the bonus cap damaging or not? If you’ve been disappointed in this comp round, or recently found yourself looking for other opportunities, you might have views.

The European Central Bank (ECB) is readying an extraordinary addition to its stimulus programme, as doubts about its current strategy’s effectiveness appear to be fuelling the institution’s appetite for risk and a lot more.

The US Department of the Treasury is set to shock international capital markets on Friday, launching a proposal for a new form of government debt instrument in the event Donald Trump is elected US president, write GlobalCapital staff.

The US Securities and Exchange Commission has a chance to examine its conscience over plans to curb derivatives use. It should do so after the industry condemned a sweeping approach that revealed little comprehension of the many sensible interactions that exist between derivatives and everyday capital markets.

Consolidation has been a perennial theme in Italian finance, but the country has little to show for it. This time is different.