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Jujiang Construction Group has filed for an IPO on the Hong Kong Stock Exchange (HKEx) with Guotai Junan International leading the trade as sole sponsor.

Banks could be in for a boost of demand in the US short term debt market as money market investors, who had anticipated a rate rise on Thursday, redeploy their cash into short dated bank product in search of yield.

India’s Tata Steel has sold down a portion of its stake in automotive unit Tata Motors, pricing the Rp12.5bn ($188.6m) transaction at the bottom of guidance in a trade heavily supported by hedge funds.

Indonesian car rental service provider, Indorent, has picked four banks to helm a $100m offshore loan with general syndication expected after mid-October.

More details have emerged on a request for proposals (RFP) sent by Bharat PetroResources International (BPRL), which is seeking a new $650m loan.

The People’s Bank of China (PBoC) said on Friday that it has appointed the local branch of Industrial and Commercial Bank of China as the renminbi clearing bank for Argentina. The country becomes the second official RMB hub in Latin America, following the footsteps of Chile.

In this round-up, Argentina gets clearing bank, Lord Mayor of London pays a visit, CLSA gives its verdict on One Belt, One Road and HKMA chief calms fears over the renminbi.

The W524.4bn ($444.1m) IPO of South Korean weapons maker LIG Nex1 is proving a hit among foreign investors, say bankers close to the deal.

Trade & Development Bank of Mongolia (TDBM) is hoping to replicate the success it had earlier this year with a new 144A/Reg S offering.

Latin America’s bond issuers were raring to print once the US Federal Reserve had announced its rates decision on Thursday, whichever way the verdict went. But the choice to pause rate hikes means primary markets are green-lit to burst into life.

In choosing to leave rates unchanged, the US Federal Reserve on Thursday night opened a window for borrowers to wave through funding. And in its minutes, it suggested that might be a broad window. Good job too.

Troubled Brazilian shopping centre owner General Shopping Brasil has launched a heavily discounted tender of its 10% senior perpetual notes in an effort to reduce its dollar debt, although Fitch says that a debt restructuring is “likely to occur in the near future”.