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For a market that disappeared during the financial crisis, contingent capital has made a startlingly quick recovery. It probably would have been quicker without political wrangling over last minute additions to the European Union’s CRD package, such as a cap on bankers’ bonuses. But now that it’s back, what are an issuer’s options? Will Caiger-Smith reports.

-- David Fernandez Valdes, senior policy manager at ISDA, in a letter to the European Parliament’s Econ committee on the impact proposals in the Markets in Financial Instruments Regulation will have on competitiion.

Bangladesh's maiden dollar bond will be launched after the elections, the country's central bank governor tells Emerging Markets

Regional fund managers are considering their best investment options to ride out global bond markets roiled by the Federal Reserve’s announcement on Wednesday of its hope to end quantitative easing as soon as mid-2014.

The leads on Indonesia Eximbank’s $500m three year loan have finalised allocations after more than 20 lenders joined during general syndication.

Travellers International Hotel Group has started pre-marketing for its IPO, which could raise up to $600m.

Chinese retail giant Maoye International Holdings is taking a stab at issuing its first dollar bond, even though volatile bond markets have paralysed issuance since May 22.

Dealogic league tables of ECM transactions, June 20, 2013.

Korea National Oil Corp has opened up a $300m five year loan to the market, just a month after it issued a $630m guaranteed bond.

Investment bankers are decrying the increasing size of syndicates on bonds and equity issues in Asia, but little evidence exists that it has affected deal performance. For now, at least, the market should embrace the progression as the new norm.

The government of Malaysian prime minister Najib Razak needs to enforce fiscal discipline to tackle dropping revenue and weaker growth, but a disappointing election result could lead it to pursue populist policies instead. That would threaten the stability of its financial markets and the economy alike.

The appointment of Agus Martowardojo to Bank Indonesia was a surprise, but he is considered strong-willed and determined to enforce governance. He will need to be both to navigate a rising inflation environment and populist government.