JP Morgan

Agence Française de Développement (AFD) and L-Bank are out with long five year euro benchmarks, as bankers reported a lack of demand at the short and long end of the curve.

Italy is set to benefit from a Bank of Japan-induced rally in eurozone government bonds late last week after mandating for a 30 year benchmark on Monday — and bankers suggest Spain could follow with a similar deal.

Keurig Green Mountain, the US coffee maker, had replies due on Tuesday for a $6.4bn debt package backing its $13.9bn acquisition by JAB, the German investment group.

WTI crude oil front month futures fell from Monday, erasing gains from last week.

Clydesdale and Yorkshire Bank Group was due to close the book for its IPO at 2pm on Monday, having put out a final message to inform investors that orders below 180p a share risked missing out. At that level, the deal size would be £397.5m.

Mongolian Mining Corp (MMC) has hired two advisers as it seeks to restructure its outstanding bond. The plan comes as the country struggles with declining commodity prices and lower growth in China.

Clydesdale and Yorkshire Bank Group, the UK mid-sized bank being spun off by National Australia Bank, has tightened the price range of its London initial public offering to the low end.

JP Morgan has let go of two EM traders in London. Elie Pano had been with JP Morgan for over seven years. Daniel Steeds, a senior Latin America trader, was also cut from his job.

In this round-up, Chinese premier Li discussed RMB foreign exchange volatility with IMF's Lagarde, the Asian Infrastructure Investment Bank formally launched, a new A-shares exchange traded fund launched in Hong Kong, while a survey found Hong Kong retail investors fear RMB volatility most for 2016, and Tajikistan activated its currency swap line with China. Plus, a recap of GlobalRMB's top stories this week.

The Dominican Republic re-opened the high yield bond market for Latin American borrowers last Friday, but, despite the new note trading above par, the sovereign is unlikely to find much company in the sub-investment grade space.

The retail sale of Lloyds Bank shares will be delayed, rather than held this spring as planned, UK chancellor of the exchequer George Osborne said today.

A window for sovereign, supranational and agency issuance opened after the Federal Open Market Committee (FOMC) meeting on Wednesday, with deals likely to get done before the inevitable slowdown accompanying the start of the Chinese new year on February 8.