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Swire Pacific found success with its $500m bond, making a comeback to the debt market after a gap of nearly two years. The scarcity element of Hong Kong names and the high calibre of the issuer helped drum up robust demand, allowing the company to price its notes with very little new issue premium.

Philippines’ Rizal Commercial Banking Corp (RCBC) is considering increasing the size of its $200m three year fundraising, after gathering commitments from 15-16 banks in syndication.

Indonesia's Mitra Pinasthika Mustika Finance has tasted success with its maiden outing in the offshore syndicated loan market, increasing its deal to $150m and establishing relationships with lenders across Asia.

PBoC downsized its open market operations in what some say reflects liquidity improvements from its other measures. After some initial paying 1-year NDIRS reversed course on emerging receiving interest and the short-end of the curve steepened accordingly, writes Deirdre Yeung of Total Derivatives.

Industrial and Commercial Bank of China (ICBC) opened books on Tuesday for a dollar tier two offering, taking advantage of the last issuance window before this week’s Federal Reserve meeting. The issuer is replicating the bullet structure used by Bank of China in its 2014 offering, a deal which saw a blowout response.

Chinese property developer Gemdale Corp is in the market to buy back $500m worth of bonds as the company seeks to optimise its capital structure.

The Argentine province of Neuquen is planning to test high yield appetite in Lat Am with a $350m international bond that will boast the provinces royalties from gas production as collateral.

The Taiwanese equities market is set for a huge increase in volumes following Delta Electronics’ announcement that it has obtained board approval to issue a maximum of 170.67m new shares.

France’s state postal service La Poste priced a €250m tap with relative ease on Monday, as corporate investors put in orders for a name considered an agency by some. La Poste is rated A/A+.

The International Swaps and Derivatives Association is likely to have to change its licensing practices as a result of a $1.9bn credit default swaps price fixing settlement by banks, according to a source familiar with the case.

Pernod Ricard, the French distiller, priced an opportunistic €500m bond on Monday, paying an 18bp new issue premium in a market that some participants feel is getting heavier.

Brait, the South African private equity firm listed in Luxembourg and Johannesburg, issued a £350m convertible bond on Friday September 11. A banker at one of the leads said the deal, a true credit instrument, was very unusual for a company of this kind.