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Banque Fédérative du Crédit Mutuel has burst back into the market shortly after a summer blackout, raising €600m with a spree of floating rate medium term notes.

Swiss-based commodities firm ECOM Agroindustrial, which specialises in supplying coffee, cotton and cocoa, has mandated banks to arrange its $450m one year refinancing.

The Kingdom of Belgium has more than doubled its outstanding maturity curve with a 100 year medium term note, and it’s keen to issue more ultra-long debt.

The German State of North-Rhine Westphalia is planning its next green bond to be bigger and potentially longer than a debut earlier this year.

The Schuldschein for German healthcare group, Asklepios has been increased from €250m to around €600m after oversubscription from investors, according to a banker on the deal.

Levfin specialist firm DebtXplained on Thursday said covenants on Abengoa’s €375m unsecured bond leave investors less protected than on competitors’ notes.

China cut rates this week for the fifth time since November as it tried to stem the tide of a slowing economy, which has prompted a fire sale across the region’s equities and debt market. But observers are questioning the effectiveness of the cuts, which does not bode well for the pipeline for the rest of 2015, write Narae Kim and Rev Hui.

Saudi Arabia, Nigeria and Peru are among the EM countries whose currencies face the most pressure to devalue, according to the head of Pioneer Investments local currency fund.

Svenska Handelsbanken was able to price its latest Samurai deal virtually in line with theoretical euro levels on Thursday, though some away from the deal said it was conservatively sized.

Ukraine debt has rocketed in value on the understanding that the country's Ministry of Finance has reached an agreement with its ad hoc creditor committee, settling on a 20% haircut on $18bn of debt.

Everbright Securities Co navigated cautious markets on its first outing to dollar bonds, thanks to the presence of anchors orders and a standby letter of credit (SBLC) from China Merchants Bank’s Shanghai branch. As the first triple-B rated SBLC backed trade, it has set a benchmark for future issues.

The International Finance Corp (IFC) will head to the Middle East for investor meetings later this month after receiving a rating for its prospective $100m sukuk.