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.

The International Finance Corporation has sold a $30m June 2046 linear callable zero note, in response to a series of enquiries for the product.

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.

The Province of Manitoba on Tuesday sold its largest ever deal in euros, tapping its June 2040 line for €212m. The deal has, according to a funding official at the issuer, paved the way for a debut public transaction in the currency.

The head of medium term notes at JP Morgan has left the firm after almost 15 years.

GlobalCapital is pleased to announce the winners of its MTN Awards 2016. These awards are determined entirely by a poll of market participants, and celebrate the outstanding issuers and banks in the MTN markets between May 2015 and April 2016. Congratulations to the winners and nominees.

The European Bank for Reconstruction and Development on Wednesday sold its second Kazakhstani tenge note ever in what bankers say is an oil price play.

Belgium has sold a June 2040 private placement with a coupon linked to the European consumer price index, following in the footsteps of Italy which placed a 30 year inflation-linked note on May 4.

Demand for supranational and agency paper in Turkish lira is proving strong despite political tensions in the area.

Instituto de Crédito Oficial has sold what some bankers believe may be the first negatively yielding bond from a Spanish issuer.

A shift in a cross currency basis swap rate is behind a spurt of issuance in Hong Kong dollars, said bankers.