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The PBoC cut its benchmark interest rate and bank RRRs Friday but said the move did not amount to quantitative easing. Short-end swaps have been well offered in response and the curve has flattened. Sources have recommended watching currency market developments closely, writes Deirdre Yeung of Total Derivatives.

Mauricio Macri, the conservative mayor of Buenos Aires, outperformed expectations on Sunday’s presidential elections in Argentina, meaning bond markets may receive a fillip on Monday morning.

Tele Columbus, the German cable company that floated in January for €510m, has begun a four-for-five rights issue to raise €382.7m to finance two acquisitions.

Poste Italiane, the Italian state-owned post office, priced its initial public offering in Milan on Friday, exactly at the middle of its original price range, to raise €3.058bn.

Namibia knocked out a $750m 10 year note on Thursday, pricing only its second ever Eurobond with a single digit premium, according to bankers on the deal.

GlobalCapital will open the poll on Monday October 26 to decide the winners of its Syndicated Loan, Leveraged Finance and Private Placement Awards 2016.

The Republic of Lebanon has launched its annual dollar Eurobond and accompanying exchange offer, aiming to switch holders of a 2016 note into new 2024 or 2028 notes.

Wenzhou Kangning Hospital Co is set to pre-market its $100m Hong Kong IPO on October 26, with investor education slated to run for about two weeks before bookbuilding starts.

A shareholder in Hong Kong-listed Phoenix Healthcare Group has raised HK$894m ($115.35m) by selling some of his shares in the company via a block trade.

South Korea’s Jeju Air has wrapped up bookbuilding for its W154bn ($130m) IPO, which saw local investors clamouring for a piece of the action.

Bookrunners on a S$192m ($137.8m) loan for Citic Envirotech are sounding out a select group of banks to join the deal in syndication.

China Huarong Asset Management pulled off a HK$17.83bn ($2.30bn) IPO on October 22, pricing one of Hong Kong’s largest listings this year just a few cents off the bottom of the initial range. But the price tag has sparked debate among bankers, with some saying the issuer was pushing its luck.