The International Finance Corporation has brought its second Nigerian naira bond of the year, just one week after its first issuance in the currency since August 2015.
Autumn is approaching swiftly and, along with falling leaves and lengthening nights, it will bring US money market fund reform. But banks don't seem ready.
The MTN market, undeterred by volatility afflicting public issuance, has produced a respectable flow of deals since the UK voted last week to leave the European Union.
The UK’s decision to leave the European Union will have a “catastrophic” effect on MTN dealers specialising in the euro, according to bankers, but flows in dollars and Asian currencies should go some way to compensating.
MTN dealers are spying opportunities for deals on Friday, should Thursday's vote on the UK's membership of the European Union return a vote for Remain.
Islamic Corporation for Development (ICD) is planning a $250m private placement (PP) in July which will bring it close to its full funding requirement for the year.