Despite the currency tanking against the dollar in 2015, investment in Brazilian real denominated medium term notes is at a healthy level.

The MTN market coped well with the volatility thrown at it in 2015 by quantitative easing in the eurozone and concerns about rising interest rates in the US, writes Lewis McLellan.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the corporate, public sector, financial institution and emerging market bond markets. Below are the SSA Deals of the Year 2015. We selected the trades that we think will be remembered for their success in challenging conditions, for making the best use of the demand available to them, or for having made a longer lasting impact, such as the re-opening of a market. The winners are presented here.

The GlobalCapital editorial team has picked what it believes to be the standout bond issues of 2015 across the corporate, public sector, financial institution and emerging market bond markets. Below are the SSA Deals of the Year 2015. We selected the trades that we think will be remembered for their success in challenging conditions, for making the best use of the demand available to them, or for having made a longer lasting impact, such as the re-opening of a market. The winners are presented here.

Black Sea Trade and Development Bank (BSTDB) on Monday sold the second note from its EMTN programme, after drawing demand from asset managers.

MTN investors are speculating that the huge yield available on Argentine peso bonds may be worth the risk of buying bonds denominated in a currency which is undergoing official devaluation.

Regional issuers may look for higher volume trades in order to cash in on the better cost of funds available for assets on the European Central Bank's buying list.

MTN investors are speculating that the huge yield on Argentine peso bonds may be worth the risk.

The International Finance Corporation and Rabobank sold a pair of medium term notes denominated in Chilean pesos this week. With some analysts predicting a rise in the price of copper, this could be a sign investors are looking to buy into a correlated currency.

The European Bank for Reconstruction and Development has printed a private placement in Mexican pesos as part of its micro-finance bond programme for small businesses.

The International Finance Corporation printed its first medium term note in Chilean pesos on Monday.

The European Bank for Reconstruction and Development has printed a medium term note linked to Kyrgyz government debt.