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National Australia Bank found itself taking on the might of London mayor Boris Johnson alone on Monday morning, launching a short sterling senior deal as other borrowers shied away from a nervous FIG market.

Ukrainian Railways (UkrZaliznytsa) has successfully restructured its $500m Eurobonds due May 2018 and will extend the maturity by three years.

Varun Beverages, the flagship of India’s RJ Group, has mandated two local banks for its IPO and is looking to open books by the end of this year, according to a source close to the trade.

South Korean game developer Netmarble Games has started selecting firms to lead its potential W2tr ($1.6bn) IPO.

Tata Steel has received a new commitment at the senior level for its $1.5bn refinancing, with banks yet to join in general syndication.

The RMB qualified foreign institutional investor (RQFII) programme has been a runaway success, expanding to sixteen jurisdictions and over 150 institutions in just five years since launch, quickly catching up to the popularity of sibling programme QFII. Yet, to retain its appeal amid market volatility and the evolution of competing investment channels, it may be time for RQFII to revamp.

Bank of Qingdao is poised to keep China’s green debt momentum rolling, winning approval to issue a bond of up to Rmb8bn ($1.23bn) into the onshore debt market.

State Bank of India is back in the loan market for a fresh $500m fundraising that is expected to launch into syndication in the next couple of weeks.

Cheung Kong Infrastructure Holdings (CKI) is on track for a comeback to the dollar hybrid bond market, while India’s National Thermal Power Corp kicked off bookbuilding for a 10 year Reg S offering on Monday.

Singapore’s DBS has released a solid set of financial results for 2015 with both total income and net profits hitting record levels. But while most of its fee-related businesses recorded strong growth, the lender’s investment banking unit saw its income drop by 25%.

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has received commitments worth $150m for its loan of up to $200m ahead of the deadline of February 26.

Evergrande Real Estate Group said on Monday that it has received the requisite consent from bondholders to relax terms on two of its outstanding dollar bonds.