HSBC

Royal Bank of Canada issued the first dollar denominated Canadian deal in three months at the widest spread this year, while Münchener Hypothekenbank supplied the only euro deal of the week.

Italy blew the doors off the market with the first eurozone periphery sovereign benchmark in a month. And with extra explosives from the European Central Bank, it may have blown a hole big enough for its peers to pile through, writes Craig McGlashan.

An SSA could bring a euro denominated socially responsible bond next week, joining several others that have mandated for deals, announced roadshows or brought innovative new issues this week.

The European Union reopened its 1.375% October 2029s to raise just over €1bn on Thursday and will use most of the proceeds to refinance a maturing loan for Ireland.

UK real estate company Grainger has refinanced an existing £120m facility, reducing the margin by 85bp.

Turkish mobile phone operator Turkcell sold its $500m 10 year bond at a yield of 5.95% on Wednesday, having responded to investor requests to limit size and in doing so securing a tight price for the issuer.

A pair of banks, including the Royal Bank of Scotland, have made senior hires to their medium term note teams.

Abu Dhabi’s Union National Bank (UNB) has increased its latest loan to $750m and closed the deal just in time to achieve a tight margin, according to one banker on the deal.

Turkish mobile phone operator Turkcell has released price guidance for a 10 year dollar bond at 6.25% yield area, having waited a fortnight for the right opportunity to print its debut trade.

The Black Sea Trade and Development Bank has sold the first bond from its EMTN programme after responding to demand for its name in Romanian leu.

A $550m three tranche borrowing for Bank Rakyat Indonesia (BRI) has launched into general syndication, but not all the mandated lead arrangers and bookrunners are looking to sell down.

Mexican development bank Banco Nacional de Comercio Exterior (Bancomext) sold $1bn of 10 year notes on Tuesday in a bond sale that Latin America debt bankers hoped would encourage more borrowers into the market.