Issues

What seemed a strong deal on paper stumbled, and has come at an ugly time

A small block trade priced on Monday night amid carnage in UK markets

Even a stronger start to a day in the markets not enough to guarantee stellar result

Deal barely covered despite short maturity, green label and a roadshow demonstrating how tough market is for smaller, less frequent borrowers

Transition bonds are in the spotlight in Japan thanks to policy support, but the country will need to tackle concerns around greenwashing if it wants a real shot at meeting its net zero goals, reports Nancy Qu

Volatility and unpredictability ruling over much of capital markets this year have complicated global funding conditions. But Japan’s largest banks have stood out with a bigger presence abroad, particularly in euros, reports Atanas Dinov.

Volatile markets, geopolitical tensions, divergence in monetary policies and an impending changing of the guard at the Bank of Japan are all among the challenges Japan’s leading issuers are getting ready to tackle over the next year. But their strong credentials and growing emphasis on environmental, social and governance factors mean they will still likely have the upper hand when it comes to tapping capital markets.

Samurai bonds have had a strong year so far as international issuers flock to the Japanese yen market for its relative stability and diversification option. The outlook is positive too — but borrowers will have to contend with increasingly cautious investors, writes Manju Dalal.

Monte Paschi di Siena is preparing to raise €2.5bn

Even defensive deal credentials fail to help Swedish white goods maker tighten spread

Deals with maturities of around five years are expected to attract investor interest

Volatility forces pause for Czech railway operator