News content
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UBI Banca has begun marketing a tier two transaction, which will be the first capital sale from an Italian bank since January.
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VimpelCom was on track to print a dual tranche structurally subordinated note on Wednesday with books over $4bn.
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Rabobank’s latest additional tier one deal, its first under its new structure, has shown the CoCo market is open across dollars and euros after a torrid start to the year, while orders have ben flying in for other forms of FIG paper this week.
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The murky waters surrounding Mozambique’s ‘tuna bond’ have thrown up yet another secret loan. Bondholders are clamouring for answers after Mozambique’s freshly issued sovereign bonds dropped several cash points this week.
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The Shanghai Gold Exchange (SGE) is expanding its international offering with an RMB-priced gold benchmark launched on April 19, with two foreign banks among the initial participants in the auction.
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With all the panache of a world-class tango dancer or left-footed football superstar Argentina stole the show in bond markets this week with the largest ever order book and largest ever issue size for an EM credit.
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Lebanon has launched its $1bn dual tranche note in line with price guidance on its 2024s and at the tight end of talk for its 2031s.
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Investors threw more than €6.5bn at a perpetual non-call five year additional tier one trade from Rabobank on Tuesday, the bank’s first such deal since it revised its governance structure.
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Negative interest rate policies are pushing central banks to invest in emerging markets assets and currencies, according to a new survey sponsored by HSBC. The RMB, in particular, has seen a rapid growth in popularity over the past few years.
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The Dubai Gold and Commodities Exchange (DGCX) is moving forward with plans to broaden its China offering with equity futures for mainland companies. Meanwhile, Bank of China Hong Kong (BoCHK) has received approval to open a branch in Brunei, the first for a Chinese bank.
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The Emirate of Abu Dhabi has mandated three banks to roadshow dollar benchmark, jumping into the market for its first bond since 2009 ahead of up to $20bn of potential sovereign supply from the region this year.
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Georgian Oil & Gas Corporation has moved a step closer to issuing its first bond since 2012, setting the tenor at five years.