JP Morgan

The UK Debt Management Office has named banks for its latest 50 year syndicated bond.

Development Bank of Japan has made its second visit to the SRI bond market with a €300m sustainability bond on Wednesday.

Intertrust, the Dutch corporate and trust services company, has closed the book for its IPO, which is set to raise at least €522m.

JP Morgan Chase missed analysts' expectations in its third quarter results, due to weak revenue from trading and debt capital markets. But core loan growth is soaring, and JPM has made huge strides in simplifying its balance sheet.

Agricultural Bank of China (ABC) priced a landmark transaction this week, raising approximately $1bn from a dual-currency, triple-tranche bond. Not only was this China’s first financial green bond, but ABC was also the second bank from the country to sell notes in London in as many days, setting the stage for president Xi Jingping’s visit to the UK next week. Rev Hui reports.

A blowout 30 year euro trade from the European Stability Mechanism on Tuesday prompted a flurry of longer dated euro offerings from SSA borrowers this week but issuance has been busy across the euro curve.

Japanese names have stolen the show this week, with Mitsubishi UFJ Trust and Banking (MUTB) raising $1.25bn from a US-driven bond, to be quickly followed by Mitsubishi UFJ Lease & Finance opening books for its second dollar outing of the year.

Mizuho Financial Group has returned to the dollar bond market with a bank capital trade that priced alongside a triple-tranche senior offering. Despite launching on a day crowded with other transactions, the issuer’s safe haven status allowed it to find success.

A European agency is set to bring what will be the first dollar benchmark of the week from a public sector borrower, after mandating banks for a deal on Tuesday.

The European Stability Mechanism blasted open the long end of the curve on Tuesday with its longest bond to date. The 30 year stormer has prompted several other issuers to explore maturities of 10 years and above.

The euro FIG market may lose the business of some US banks in the looming results reporting season, because it can’t compete with the depth of demand on offer in dollars.

China is boosting its capital markets collaboration with the UK with Agricultural Bank of China launching a dual-currency, triple-tranche bond on October 13. It would be the second Chinese lender to sell notes in London in as many days, and its offering will also mark the country’s first financial green bond.