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Polish insurer Powszechny Zakład Ubezpieczeń (PZU) priced a tap of its euro 2019s on Tuesday following investor calls the day before. The strategy puzzled rival bankers, but was staunchly defended by the leads.

Royal Bank of Canada launched a €1bn three year floater on Tuesday, adding a euro trade to its recent activity in dollars and sterling before it enters a blackout period in November.

Turkiye Garanti Bankasi is applying to the country’s capital markets board for authorisation to issue an international covered bond of up to €2bn, but the deal’s future likely hinges on the outcome of Turkey’s elections, said bankers close to the deal.

The euro FIG market may lose the business of some US banks in the looming results reporting season, because it can’t compete with the depth of demand on offer in dollars.

Denox Environmental & Technology Holdings is slated to seek a listing hearing with the Hong Kong Stock Exchange this week, with pre-marketing likely to start the following week if the IPO is approved.

China Construction Bank sealed a successful offshore renminbi bond on October 12, marking the first time it has listed dim sum notes in London. The trade is set to breathe new life into the CNH market, which had been shut for more than two months following a devaluation of the currency.

China is boosting its capital markets collaboration with the UK with Agricultural Bank of China launching a dual-currency, triple-tranche bond on October 13. It would be the second Chinese lender to sell notes in London in as many days, and its offering will also mark the country’s first financial green bond.

Mizuho Financial Group and Mitsubishi UFJ Trust and Banking (MUTB) are out in the dollar bond market, releasing guidance for their respective offerings on Tuesday.

China’s newly launched Cross-border Interbank Payment System (CIPS) is set to enhance China’s connectivity with the global financial system by providing a highly efficient platform for cross-border RMB settlement with extended operating hours and bilingual processing capability, says Michael Vrontamitis, head of trade, product management at Standard Chartered.

China's Yingde Gases Group has cut the size of its syndicated loan to $100m from $150m, in favour of raising additional funds from an onshore renminbi bond.

Volatility in renminbi has driven an increase in transactions in the currency, Swift spokespersons told a media briefing at Sibos 2015 in Singapore.

Essel Infraprojects, part of Indian conglomerate Essel Group, is planning an IPO in 2016 and could file a preliminary prospectus with the Securities and Exchange Board of India (Sebi) by the end of the year.