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People’s Bank of China (PBoC) named Bank of China Zambia branch (BoC Zambia) as the latest RMB clearing bank, the central bank said in a statement on 30 September.

China held a series of high level government meetings with the UK and France in September. One of the most publicised pieces of news was the London’s plan for a Stock Connect but perhaps just as important are a number of moves by Euronext to facilitate Chinese investment on its platforms and develop new RMB products.

Mexican development bank Banco Nacional de Comercio Exterior (Bancomext) sold $1bn of 10 year notes on Tuesday in a bond sale that Latin America debt bankers hoped would encourage more borrowers into the market.

Banks on Tuesday settled credit default swaps referencing the Republic of Ukraine at 80.625, the highest recovery on a sovereign credit event auction since they began in 2005.

UBS today appointed Jasper Tans and Javier Martinez-Piqueras as co-heads of European equity capital markets and corporate solutions.

Europe’s corporate bond market was again scratching its head on Tuesday as an improved outlook in equity and secondary bond markets failed to translate into primary issuance.

Size is still coming at a price for SSA borrowers, with European Investment Bank paying a slightly elevated new issue premium for a $4bn five year on Tuesday. Despite this, bankers said a second trade from Erste Abwicklungsanstalt confirmed the market is in robust health.

Hellman & Friedman is raising a €1.3bn term loan within a total new debt package of €2.7bn, to finish its acquisition of Securitas Direct.

A European sub-sovereign is set to bring its shortest dated benchmark in 18 months after mandating banks on Tuesday for a four year deal.

Intertrust, the tax avoidance specialist, has agreed €605m of credit facilities as a precursor to its upcoming initial public offering.

Covestro, the German polymers manufacturer, rose 11% on the start of trading Tuesday, having scaled back its targeted deal size by €1bn to win the investor support required.

Fabege, the Swedish real estate company that bills itself as eco-friendly, has gained a €100m equivalent long-term loan from the European Investment Bank (EIB) denominated in Swedish kronor.