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After a year of solid performance, a spike in volatility across multiple asset classes helped some derivatives fund managers to put in a strong performance last month.

Stonegate Pub Co on Friday sold an £80m tap of its 2019 secured bond, despite a deserted high yield market, and after being downgraded by Standard & Poor's that morning.

Cyprus slashed nearly 15% from its three month borrowing costs at an auction on Friday. Meanwhile, Greece announced plans for a sale of six month paper.

Bank of Zhengzhou, one of China’s biggest commercial lenders, has filed an application to list on the Hong Kong Stock Exchange (HKEx) via joint sponsors Bocom International and Citic CLSA Securities.

The Export-Import Bank of Korea (Kexim) has mandated four banks to arrange a non-deal roadshow that is set to begin on October 6.

In this round-up, Hong Kong and Taiwan RMB deposits shrink slightly while RMB cross-border trade settlement surges to new records in both Hong Kong and China, the RQFII programme reaches Rmb410bn ($80bn), Georgia and Kyrgyzstan work on establishing RMB swap lines with China, and Nanning authorities plan a new China-ASEAN currency index.

Thai petrochemical producer Indorama Ventures has made its debut in the Singapore dollar bond market, raising S$195m ($137m) from 10 year notes backed by the Credit Guarantee and Investment Facility (CGIF).

IMAX China has priced its Hong Kong IPO near the bottom of the range to raise HK$1.92bn ($247.74m), after initially guiding investors towards the middle.

Quick Heal Technologies, which makes anti-virus software, has lodged a draft prospectus with the Securities and Exchange Board of India for an IPO that could raise $100m-$150m.

Cigarette giant Philip Morris International has cut its stake in its Indonesian unit HM Sampoerna, netting a chunky Rph20.3tr ($1.38bn) in the process. The success of the trade was down to large commitments from anchor orders, who signed up for nearly half of the shares in advance.

The People’s Bank of China announced just ahead of the Chinese national holiday of October 1 that it would allow foreign central banks, sovereign wealth funds and international financial organisations to trade in the onshore foreign exchange (FX) markets.

It’s been a tense couple of days for corporate bond and equity markets, but participants’ gloom should not bring a halt to issuance.