HSBC

Supranational issuers are lining up to tap the long end of the euro curve, with the European Investment Bank set to price an April 2032 benchmark and the European Financial Stability Facility printing a dual tranche deal.

Danish agency KommuneKredit has selected four banks to sell a five year no-grow $1bn bond in a dollar market that shows no signs of slowing down.

China’s Ministry of Finance has confirmed it will issue an offshore renminbi bond in London with the trade expected to launch soon.

Axis Bank is on track for its debut green bond, marking the third dollar green offering to be sold by an Indian borrower.

Meatpacker Marfrig will meet investors this week as it looks to show that the poor secondary market performance of Petrobras’ new bond will not damage Brazilian companies’ ambitions of returning to markets.

The direct trading of more currencies with the onshore RMB (CNY) will lead to an expansion of the trade-weighted reference basket of currencies introduced by People’s Bank of China (PBoC) in December 2015, HSBC said in a May 19 report.

China Hongqiao Group is in the market for a $700m three year loan that was opened for syndication this week via seven bookrunners, according to bankers working on the deal.

China’s Midea Group is looking to gauge interest for its maiden outing to the international bond market, just days after announcing a multi-billion-euro acquisition in Germany.

If all asset classes that ECB touches turns to gold, this week the corporate bond market showed signs that they do not remain that way. The astonishing run of issuance is by no means over, but deals’ bookrunners are recording increasingly contradictory results, writes Ross Lancaster.

The City of Buenos Aires is set to sell up to $890m of bonds as soon as Tuesday as it looks to take advantage of what one Buenos Aires-based banker described investors as “drunk” on Argentina risk.

A remarkable week for public sector dollar issuance could lead into an even more impressive spell, after the release of hawkish US Federal Reserve minutes moved the 10 year part of the curve tantalisingly close to borrowers’ grasps. Craig McGlashan reports.

The European Financial Stability Facility is the biggest confirmed name for euro issuance next week, with a wide variety of trade options open to it, according to bankers.