NatWest Markets

US regulatory authorities said on Monday that BNP Paribas, HSBC and Royal Bank of Scotland had failed to provide adequate resolution plans in 2014, and must address the failures before submitting this year’s plans.

Italy showcased the rampant demand at the long end of the euro curve with a record equalling €8bn deal this week — but also highlighted new hedge fund behaviour.

Nationwide and Caixabank launched the only two covered bonds this week. Despite both issuers getting the funding they wanted, the final outcome was poor in comparison to past standards.

Obrascon Huarte Lain, the Spanish construction company, wants to sell a €425m eight year non-call three bond that would push out its first bond repayment to 2020.

Spanish construction company Actividades de Construcción y Servicios has issued its first non-convertible bond: a €500m five year.

A European sovereign and agency have opted to bring euro benchmarks at the long end of the curve on Tuesday, after hiring lead managers on Monday.

Statkraft, the Norwegian state-owned electricity company, extended its maturity profile by eight years on Monday by issuing a €500m 15 year bond.

APT Pipelines, the Australian oil and gas pipeline company, issued €2.19bn equivalent of euro and sterling bonds today - an unusually big and complex corporate bond for a Friday.

Beijing Infrastructure Investment printed its first ever euro bond on March 12, raising €500m ($529m) with a three year transaction.

The Housing Finance Corp has raised £194m, which it will lend to 12 UK housing associations, with a second tap of its 2042 bond, guaranteed by the UK government.

Dutch insurer NN Group enjoyed a favourable reception for its debut senior print on Wednesday, shaking off any concerns about a weaker secondary market to attract a comfortable oversubscription.

Far East Horizon’s latest borrowing has risen to $350m from its launch size of $200m, on the back of robust demand.