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The covered bond market showed its value this week as it enabled a wide range of banks to borrow in choppy conditions, across a range of tenors.

Two Fibras — the Mexican version of the US real estate investment trusts (Reits) — are considering issuing dollar bonds in September, said bankers, finally providing some visible potential supply to LatAm’s bare pipeline.

After the first week of proper business in European equity capital markets since the August shutdown, the early signs are good: investors are open to buying new deals.

Recent global volatility stemming from China’s stock market battles has prompted debate among credit traders about the potential impact of a US rate rise this month, and fears for the consequences should it be pushed back to a later date.

As Lindorff's market-opening deal proved on Thursday, the European high yield market has a good chance of avoiding contagion from the wider swing away from risk in financial markets — but a comeback like the stunning rallies in January and July is unlikely.

The buoyant trend in the equity block trade market continued on Thursday evening, as Deutsche Börse raised €200m to finance its acquisition of 360T Trading Networks with a tightly priced sale of treasury shares.

For the second time in a week, officials at the China Financial Futures Exchange last Friday implemented tougher rules for traders attempting to sell.

Yankee bank deals are expected to take centre stage in a resurgence in high grade issuance when the dollar market reopens after its three-week hiatus.

Rarity value ensured strong demand for Bank of Nova Scotia’s return to the Swiss franc market in a week that also saw local insurer Helvetia continue its series of successful hybrid placements.

The European Central Bank this week boosted hopes of Europe’s bail-out borrower shoring up the recovery of a euro market that is healing but still bruised from the effects of central bank quantitative easing.

Bankers and funding officials this week might have been tempted to strap on a blindfold at points during the execution of the only dollar benchmark in a fortnight.

The investment grade corporate bond market ended the summer lull with a bang this week, with issuers piling into the euro market to sell more than €7bn of bonds in just three days. But while it might look like a return to the early-year bull market, a spot of expectation-management might be in order.