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It’s time the idea of giving the UK public shares in Royal Bank of Scotland was strangled and buried.

The Chinese State Council outlined a string of measures last week in yet another attempt to tame the country’s booming property sector. But the truth is, for high yield investors, Chinese property is still the only game in town — and few bond buyers can turn their back on double-digit yields.

The European Banking Association wants a clear measure of liquidity but sticking purely to data will not provide this. When a bank needs funding in a tight spot, it all comes down to the bid.

Ico’s deal this week showed just how quickly and impressively the sovereign, supranational and agency bond markets have recovered after Italy’s election result. However, the threat of a debt crisis in Europe’s periphery still looms large. SSA issuers must press on with funding while they can, as Italy’s elections will not be the only shock this year.

A survey of market sentiment for emerging markets shows investors bearish over the short term for the first time since June last year

—Alexandra Beidas, an associate at Linklaters in London, in response to the E.U. directive to curb bankers bonuses.

The Europe, Middle East and Africa Credit Derivatives Determinations committee of the International Swaps and Derivatives Association determined that Greece had not triggered a credit event after considering two questions from investors.

Manufacturing PMI data in China came below market consensus but some analysts say signs of strength are still visible

In this round up of recent regulatory news, China and UK shake hands on swap line agreement, the Philippines considers inflation-linked debt, India opens banking to non-financials and renminbi business kicks off in Taiwan as Singapore gets clearing bank.

Indonesia’s current legal infrastructure is a hindrance to the growth of its domestic Islamic bond market, dampening the nation’s hopes of becoming the next sukuk destination for corporate debt issuers.

Global investors are increasingly considering GDP-weighted bond indices but debt markets in Asia may not be liquid or deep enough to cope with the resultant inflows.

China’s stock market regulator will expand the renminbi qualified foreign institutional investor programme to include more participants with a renewed focus on equities.