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No one saw this one coming. Petrobras, whose bonds just two months ago were trading at almost distressed levels, joined an elite club of century bond issuers on Monday, and attracted $13bn of orders in the process.

Nasdaq-listed Qunar Cayman Islands, a provider of online travel services, is in the market with a follow-on offering of 8m American Depositary Shares (ADS) which could raise some $360m based on its current share price.

Anhui Transportation Holding Group (Anhui Transport) has mandated a sole global co-ordinator to arrange a series of investor meetings ahead of its debut outing to the dollar bond market. Haikou Meilan, meanwhile, is preparing a dim sum deal.

The CNY rates market is rallying on reports of easing by the People's Bank of China (PBoC) via its Pledged Supplementary Lending (PSL) programme and economic concerns. However weakness in the CNY is weighing on the short-end, driving flattening pressure across the curve, writes Deirdre Yeung of Total Derivatives.

TCC International Holdings, a manufacturer and importer of cement, will raise HK$3.63bn ($468.23m) in a rights issue fully underwritten by its major shareholder, BNP Paribas and JP Morgan.

Sunway Construction Group has kicked off investor education for its Malaysian IPO of about $150m, with strong indications already coming in from domestic investors eager to sign up as cornerstones.

Hindustan Petroleum Corp’s (HPCL) $400m 39 month facility has been allocated, with seven lenders joining in general syndication. When the loan was launched, market participants saw it as a litmus test for retail demand for three year state owned Indian assets. While the deal got past the finish line, bankers on the loan said the response was tepid.

The threat of cuts to minimum ethanol levels in US fuel has prompted concerns among renewable energy investors but failed to spark fear in derivatives markets.

Low interest rates and a surge in mergers have combined to revive interest in an old fashioned US equity options strategy, according to industry insiders.

The European Bank for Reconstruction and Development has entered exclusive negotiations to acquire a 10% stake in Borsa Istanbul, ahead of the Turkish exchange’s expected IPO.

The UK government’s plans to bring its divestment of Lloyds Bank to a conclusion are taking shape, after the Conservative Party won a majority in the May 7 general election — and there may be news soon on privatising Royal Bank of Scotland.

Oron Group Investments & Holdings, the Israeli civil engineering group, started trading on the Tel Aviv Stock Exchange on Monday, after last week completing the country's first initial public offering this year.