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Postal Savings Bank of China has selected five banks to lead its jumbo $15bn IPO, which is set to become the largest listing in Hong Kong in five years.

Haitong International Securities has hit the market for a HK$8bn ($1bn) three year bullet, which could increase in size depending on demand.

The Bombay Stock Exchange (BSE) has finally set in motion its plans to go public, which have been three years in the making. Investors and bankers are sitting up and paying attention as Asia’s oldest exchange gets ready for one of the most high-profile IPOs in India this year. Jonathan Breen reports.

A juicy Middle Eastern project finance loan — for Oman Oil Refineries and Petroleum Industries Company (Orpic) — will be signed by end of next week, according to a banker close to the deal.

Royal Bank of Canada (RBC) issued a five year Aussie dollar floater on Wednesday, attracting strong demand from Australian and Asian investors.

LGC, the UK life sciences company being bought by KKR, tightened price guidance on its €350m euro term loan ‘B’ again, after bringing forward its deadline.

China Development Bank (CDB) reopened a dual-currency transaction on Wednesday, bagging a $2bn equivalent from the euro and dollar tap. With strong demand from onshore investors, the policy lender was able to cut cost while raising more than the size of the original bond.

China got its first taste of domestic green bonds this week with Shanghai Pudong Development Bank printing a massive Rmb20bn ($4.3bn) transaction that was well received by the market.

Philippine homebuilder Vista Land & Lifescapes opted to tap its outstanding bond rather than sell a new deal on Wednesday due to challenging market conditions. Although pricing wasn’t as tight as expected, offshore investors were still keen due to its scarcity value and a lack of other primary supply.

The renminbi's acceptance into the IMF Special Drawing Rights (SDR) basket and Chinese initiatives such as the Asian Infrastructure Investment Bank, are leading to a new monetary order, according to speakers at the Asia-Global Dialogue 2016 conference, held in Hong Kong on January 28.

South Korea’s Kookmin Bank is looking to price its second covered bond on Thursday, while HNA Group is out to tap its existing dollar notes that were issued two months ago.

The Indian government is to sell down a 10% stake in oil and gas company Engineers India via an offer for sale on Friday and is hoping to net around Rp6.63bn ($97.69m) based on its market capitalisation.