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The Republic of Latvia has released initial price guidance at 40bp area over mid-swaps for its new 10 year euro denominated bond, representing only a 20bp new issue premium, but a doubling of the sovereign’s secondary spreads, according to bankers away from the note.

Corporate bond issuance continued apace on Monday, after last week’s busy activity. Five deals hit screens, despite a rising feeling among arrangers that the market was too congested.

A decision from the US Federal Reserve on whether to raise interest rates this week could clear the path for some dollar issuance by public sector borrowers — but plenty of obstacles remain before that market returns to full health.

The FIG market again proved itself to be a tale of two asset classes this week with additional tier one the staunch outperformer.

The Republic of Iraq has set its sights on how much it is looking to raise with its first international bond outing almost a decade, according to a banker close to the deal.

When Glencore announced plans to raise $2.5bn of equity, all options were open, but one always looked the most likely: an overnight accelerated bookbuild.

Auto finance companies are set for a return to the Chinese interbank bond market for the first time in five years, with Ford launching an Rmb2bn ($314m) trade on September 17.

CEEMEA issuers are lining up to print bonds for the first time in months as hopes grow of a rally in EM bonds after this week’s Federal Open Markets Committee Meeting.

Hong Kong Airlines’ on-again, off-again IPO is now off again. The short-haul carrier has pulled the plug on its $600m float, with little visibility on when the listing could next hit the runway.

Industrial and Commercial Bank of China (ICBC) took the bond market by storm this week, printing a $2bn Basel III tier two offering, the first Chinese bank capital trade since May. Despite coming during a week dominated by speculation about the Federal Reserve’s decision on interest rates, ICBC still managed to meet its price and size targets, offering just a small new issue premium.

India’s IDFC is in the market for a $300m fundraising to refinance overseas debt, with the loan now in limited syndication.

Two Indian pharmaceutical companies, Cipla and Lupin, are sounding out banks for loans to fund recent acquisitions in the US.