Issues

Unlike some debt-for-nature issuing predecessors, Gabon's bonds were at far from distressed levels

Pressure to increase returns is driving international expansion as Japanese banks position for growth and hopes rise of more M&A activity from their domestic clients

◆ Regulator starts collecting data on hedging and accounting of capital instruments ◆ Is AT1 debt or equity? ◆ BNP Paribas’s reclassification of future dollar AT1 provides an example

Equity capital markets was a bright spot in a difficult second quarter for Barclays

Clear but non-traditional window opens after central banks stick to plan

Qataris may follow UAE footsteps

Investors seen shifting from equities to bonds to lift fixed income markets

Covered bonds will be integral and volumes may exceed expectations

Borrowers in Africa and Turkey could be back in the primary market after a long time out

The focus will be on currencies other than dollars

Any further UK government sell-downs are likely to be on ice following Alison Rose’s resignation as CEO, although the dribble-out of equity will continue

LM component supports demand as Brazilian issuer raises $750m