HSBC

Guotai Junan Hong Kong, a subsidiary of Guotai Junan Securities, is in the market for a fundraising of HK$5bn ($643.8m), with six mandated lead arrangers and bookrunners.

The Bank of Bahrain and Kuwait priced its five year Eurobond at the top of guidance on Wednesday after a two day execution.

Bulgaria has indicated that it is considering up to three tranches with a maximum maturity of 20 years for its long awaited euro-denominated bond.

The development of free trade zones is picking up pace with the Guangdong pilot area expected to open for business as early as March 18 and at least two more to follow soon. The launches come as new measures regulating offshore funding for entities in the Shanghai FTZ are being tested out.

The Hong Kong Monetary Authority (HKMA) has identified five banks it considers to be systemically important to the city’s financial markets. As a result of their new status, these banks will be subject to more onerous capital requirements from 2016.

France’s BPCE has begun taking orders for its Basel III complaint tier two debt in the offshore renminbi (CNH) market, opening books to what looks to be its debut dim sum bond on Wednesday. If it goes ahead with its plan, it will be the fifth non-Chinese bank to tap the CNH market to boost its Basel III tier two capital buffers.

Orbit, a UK housing association, has issued its first corporate bond: a £250m secured deal with a 30 year tenor, of which £50m was retained for future issuance.

Emirates NBD printed a €550m seven year bond on Tuesday, a breakthrough for Middle East banks in the euro market. But bankers said they are uncertain whether other issuers will now follow.

The Bank of Bahrain and Kuwait (BBK) has taken over $800m of orders for its five year Eurobond. The deal is due to price later on Tuesday.

Australia and New Zealand Bank issued a Basel III tier two bond in Singapore dollars on March 16, raising S$500m ($360m) from a 12 year non-call seven transaction.

Bank of China Aviation is planning to meet with investors over a potential dollar-denominated offering starting on March 18. But unlike all its previous outings, the aircraft leasing company is choosing a different route as it sets its sight on a 144A trade.

A pair of European public sector borrowers are poised to bring five year dollar benchmarks on Tuesday, a move away from last week’s spurt of three year deals.