HSBC

The State of Baden-Württemberg announced on Tuesday its intention to print a 10 year euro benchmark in a week in which investors await a decision on Thursday from the European Central Bank regarding interest rates.

As Abengoa approaches its late March deadline to avoid bankruptcy, this week the Bank of Spain began a round of checks on creditor banks’ compulsory capital provisions.

Sharjah opened books on the first international bond from the Middle East this year on Tuesday. Pricing for the five year note started back of the borrower’s outstanding 2024s.

Sharjah opened books on Tuesday for the first international bond from the Middle East this year. Pricing for the five year note started back of the borrower’s outstanding 2024s.

The Asian bond market woke up to a pair of Chinese investment grade credits on Tuesday with Bank of Communications Hong Kong and China Nonferrous Metal Mining looking to tie up their respective dollar deals.

The European Investment Bank and the Federal State of Berlin announced on Monday their intention to print in euros in a week in which the European Central Bank is expected to make a decision regarding interest rates.

IDBI Bank’s top management are doing the rounds with investors as they try to drum up interest for a Rp38bn ($561.3m) qualified institutional placement.

HSBC Global Asset Management has appointed Ravi Menon as its new chief executive officer of India, effective on February 1.

The Inter-American Development Bank has printed a £250m December 2019 bond that has set a new record for year-to-date supranational and agency sterling issuance.

Yogesh Aggarwal has been appointed as the India research head at HSBC, according to a press release.

Alvarez & Marsal, the restructuring firm that handled Lehman Brothers’ bankruptcy, is set to deliver a scheme for Abengoa to avoid bankruptcy early next week. Bankers said the high yield market should cope whether the company survives or not.

A strong start to public sector dollar issuance in 2016 fell away this week, as volatile swap spreads returned and worries over the health of the Chinese economy made printing further along the curve difficult.