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  • The UK Debt Management Office plans to reopen an ultra-long index-linker in the second half of September. The deal will be the sovereign’s third syndication of its financial year.
  • European Investment Bank has become the latest public sector issuer to tap demand in Norwegian kroner, after KfW made a return to the market this week with its first new line in the currency since January 2013.
  • CIMB Thai Bank is gearing up for a Bt3.69bn ($104m) seven-for-40 rights issue that is set to hit the market in October.
  • The governments of Indonesia and Russia both signalled earlier this week that they are considering issuing renminbi denominated bonds. If the plans go ahead, these will be the third and fourth RMB deals from a foreign sovereign after the UK and Mongolia governments. However, FX volatility means now is not the best time to pull off a RMB deal.
  • FIG
    Dealers have cut their fixed income inventories by 75% since 2008, according to staff at the Bank of England, who questioned bond market liquidity in a timely blog post on Thursday.
  • India’s Prabhat Dairy is paying no heed to the recent volatility in the country's equity capital markets, forging ahead with its Rp5.2bn ($78m) IPO at a huge premium over industry peers.
  • In this round-up, Stock Connect trading surges this week, HKEx reports record levels of RMB futures trading, AIIB chooses a Chinese national as its president.
  • Kingboard Chemical Holdings has increased its borrowing to HK$6bn ($773m) from a launch size of HK$5bn, after 18 banks came on board during general syndication.
  • Syndicate bankers covering Latin America expect new issuance from the region to pick up from a low base in September but there is little expectation that the increase in activity will allow volumes to catch up with last year’s record numbers.
  • Warnings have emerged from several quarters that unprecedented corporate issuance from Latin American companies in the past five years could lead to severe stress in the sector as low GDP growth and tumbling commodity prices bite.
  • Yo-yoing global equity markets will shock M&A in Europe but will not stem deal flow altogether, as savvy companies continue to make strategic plays, write Dan Alderson and Elly Whittaker.
  • A new Norwegian krone line from KfW and a tiny Kangaroo tap from Kommuninvest made it to market this week despite difficult external conditions.