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Ever since China started its securitization market a decade ago, there has been a lot of talk about the vast potential for the product. And while it’s true that securitization has been developing strongly, the country’s true potential lies in the still mostly untapped residential mortgage-backed security (RMBS) sector.

The Lion City has been trying to develop a covered bond market for years but progress has been slow. That's mostly been down to the fact that its banks do not have first access to most of the mortgage loans they lend out. That privilege lies with the country’s pension fund, the Central Provident Fund (CPF).

Royal Bank of Canada has squeezed in senior funding before going into blackout, finding over €2bn of demand for a five year floater on Thursday.

Royal Bank of Scotland will begin a roadshow for a long awaited additional tier one (AT1) debut on Monday that will be dollar denominated and might feature multiple tranches.

Singapore can finally lay claim to a covered bond market after its largest bank, DBS, this week printed the country’s first deal in the asset class. The build-up was hardly plain sailing, but that did not stop DBS executing a very successful trade that will serve as a benchmark for its peers, writes Rev Hui.

Oysters, a shed, and a pair of Société Générale MTN bankers. Party time.

Power Finance Corp (PFC) defied gravity on July 27 when the Indian government pulled the trigger on its divestment of a 5% stake, raising the targeted Rp16bn ($250m) even after China worries sent markets tumbling.

Ak Bars Bank has released guidance of 8% area yield for the first Russian new issue of 2015. Bankers away from the deal refuse to believe that the bond was not largely pre-sold.

Abu Dhabi's Union National Bank is looking for a margin of 75bp over Libor for a $500m three year loan, according to a banker on the deal.

Beijing Capital Juda last week priced its first bond, raising Rmb1.3bn ($209m) from an oversubscribed three year deal that saw investors eager to gobble up a dim sum trade.

Central China Securities Co wrapped up its HK$2.53bn ($327m) placement on July 24, allowing its shares to resume trading on July 27 after what had turned out to be a longer-than-usual bookbuilding process.

Two recent loans from Sri Lanka have once again put the spotlight on the country, which has seen few borrowers going down the syndicated route. Conversations with bankers reveal prominent arrangers are interested in securing business out of the South Asian country, but upcoming elections, the small size of its conglomerates and unfamiliarity pose constraints to dealflow, writes Shruti Chaturvedi.