JP Morgan

The Islamic Development Bank (IsDB) printed on Thursday morning its $1.5bn five year sukuk “well inside” its own curve, according to a syndicate banker on the deal. The profit rate was lower than its last outing despite the spread being much wider.

Georgia Power has become the second investment grade US utility — and the second Southern Company subsidiary — to issue a green bond, as its peers assess the instrument’s potential.

The Islamic Development Bank has released initial price thoughts of mid- to high- 50bp over mid-swaps for a five year dollar benchmark sukuk, with central banks expected to be the biggest buyers.

The only spark of new issue activity this week from CEEMEA is an Islamic Development Bank sukuk, but EM bankers in London are also busy with a European roadshow from Femsa.

The World Bank on Tuesday mandated for a dollar benchmark, as action in the market heated up in anticipation of the Federal Open Market Committee’s meeting on March 15-16.

Unibail-Rodamco, the Franco-Dutch property company, finally pounced on the euro bond market on Tuesday after just over two weeks of stalking attractive pricing levels.

KfW is set to print a 10 year euro benchmark, following in the footsteps of Belgium and Finland, this week as issuers attempt to conclude funding before the European Central Bank’s meeting on March 10.

Banca Popolare di Vicenza has filed a request for admission of its shares on Borsa Italiana, ahead of a shareholder vote to approve the bank’s IPO and capital increase.

Barclays' new chief executive is asking shareholders to have a lot of faith. Selling off a profitable part of the business to double down on a less profitable line is a bold call. The market can't be this bad forever, but don't expect the dividend back any time soon.

With foreign ownership of Chinese bonds still at very low levels, the decision to open China’s interbank bond market (CIBM) could truly alter global investment strategies. But, at least for now, the devil will be in the details, with analysts saying that foreign ownership is unlikely to surge in the short term.

Two European sovereigns mandated for benchmark bonds in euros on Monday leading what is expected to be a scramble to get in and out of the primary market before the European Central Bank meeting on March 10.

UniCredit was largely absent from the euro senior market last year, but, having successfully priced a new seven year last Friday, the bank’s head of group finance expects a busier year in 2016.