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Black Sea Trade and Development (BSTDB) made it two dollar debuts in emerging market bonds on Thursday today, joining fellow first timer Banque Ouest Africaine de Developpement with a five year deal.

Banque Ouest Africaine de Developpement opened guidance on its debut dollar note on Thursday after the US Federal Reserve left rates unchanged on Wednesday.

Signs of progress under new chief executive Jes Staley saw Barclays shares up almost 4% early on Wednesday, but with profits down 25% and return on equity languishing at 3.8% in the first quarter, they were soon trading down.

Boubyan Bank, an Islamic Bank based in Kuwait, has mandated banks for its first offering, a Basel III compliant tier one sukuk.

Banque Ouest Africaine de Développement (BOAD) is holding an investor call for a dollar bond after first roadshowing in January.

Oman will be hoping this week's buoyant support of Middle East credits remains after Abu Dhabi attracted $17bn of orders to its $5bn dual tranche deal on Monday. Abu Dhabi hit big in emerging markets this week drawing $17bn of orders for its $5bn dual tranche bond. It is the largest deal from a Middle Eastern sovereign, an accolade it shares with Qatar which issued the same amount back in 2011.

Periphery bank capital is back on the menu for investors this week, leaving FIG bankers feeling they can bring virtually any product to market for the first time since early January. And thanks to Vakifbank, that now includes Turkish covered bonds.

Crédit Agricole has issued year’s first Formosa bond, which is also the first renminbi transaction to be sold in Taiwan since last August.

Liberty Mutual Group was having a second stab at its first ever benchmark issuance of euro senior unsecured bonds on Tuesday, having conducted a roadshow in 2015 for a print that did not materialise.

Abu Dhabi took orders of over $17bn for its first trade in seven years, proving that appetite for GCC debt remains strong, despite oil price concerns.

China’s currency was approved to become the fifth member of the IMF’s special drawing rights (SDR) basket of currencies last November. While the new basket only becomes effecting in October 2016, China’s central bank has been campaigning worldwide for a greater role for the IMF’s unit of accounting, with the RMB set to benefit from the strategy.

Books had reached $10bn for Abu Dhabi’s dual tranche offering by mid-morning in London on Monday, but the generosity of the deal has pushed other credits based in the emirate wider, according to two rival bankers.