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Primary bond activity in Asia picked up again on Thursday following the end of the meeting of the Federal Open Market Committee (FOMC), with a pair of Chinese issuers launching separate deals in dollars and euros.

The renminbi fell back one place to be the fifth most used currency for international payments by value, Swift said in its October 29 report.

Brazilian meatpacker Marfrig has completed a tender offer on four of its bonds, spending just over $400m of the $1.21bn in cash it received from the sale of its UK subsidiary on the buyback.

The improved tone in Latin America's credit markets has extended into Wednesday but the region’s corporates that met investors in September remain on the sidelines.

The Shanghai-Hong Kong Stock Connect is approaching its first birthday, with market participants eager to see the scheme expanded to reach its full potential with the inclusion of the Shenzhen-listed stocks as the first order of business and a potential expansion overseas to London. But from an infrastructure perspective, there remains a wide gap between China and most developed markets.

Bi. Fin, the majority shareholder of Biesse, launched on Wednesday a block sale of shares in the Italian machinery manufacturer.

Deezer, the French music streaming website, has abandoned its IPO, after the bookbuild closed yesterday without a covered message.

Western Power Distribution, the UK electricity distribution network operator, kept the sterling corporate bond market’s run of form going on Wednesday with a £500m eight year issue.

Standard & Poor’s has taken the corporate hybrid bond market by surprise, by withdrawing the equity credit from 29 bonds, giving issuers only 24 hours' notice before publishing its decision.

Two SSAs tapped the middle of the euro curve on Wednesday, a move about to be copied by another agency which is set to bring a five year deal on Thursday.

CME Group has teamed up with bank transfer platform Dwolla, which will help facilitate on demand payments for clearing and settling derivatives, as well as streamline payment operations for CME Clearing members and clients.

Nomura has opted to wind down Nomura Capital Markets, a wholly owned London subsidiary, with $3.12bn of capital that it has used to consolidate derivatives trading positions and risks arising from the group.