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Banks steered clear of the European bond markets on Monday, as the vast majority of last week’s primary prints languished wide of their re-offer levels.

Egypt has signed loans totalling $140m with the African Development Bank to fund infrastructural and economic development, with a focus on improving Sharm El-Sheikh Airport.

Coal bed methane producer AAG Energy Holdings has fired up its $300m to $400m Hong Kong IPO plans, having started pre-marketing the deal to investors on Monday, June 1.

Bank of Sharjah added a fresh name to a Middle East dominated CEEMEA market on Monday, opening books on a debut dollar deal.

A $100m loan for Indomobil Finance Indonesia, which launched into general syndication on April 14, has seen commitments of 1.6x in general syndication. Banks that missed out on participating in the company’s last deal are eager to get a piece this time, driving up the numbers.

Easing liquidity concerns and weak data have supported the short-end of the CNY swap market, driving steepening pressure across the 1s/5s slope, writes Deirdre Yeung of Total Derivatives.

Mongolia is planning to return to the international bond market for the first time since 2012 with a $1bn offering after resolving all of its differences with global mining giant Rio Tinto, the government said in a statement last week.

Brazilian food group BRF sold its debut euro denominated note around 25bp wide of its dollar curve on Friday with a green bond issue that DCM bankers said was an impressive result for an inaugural deal in the currency.

China Partytime Culture Holdings, which makes cosplay wigs, costumes and lingerie, has filed a preliminary prospectus with the Hong Kong Stock Exchange for a potential IPO.

MMI International’s $580m five year borrowing has been allocated, with 11 banks joining the mandated lead arrangers and bookrunners during general. Taiwanese banks, which covered the entire retail portion of the syndication, were not left disappointed with their allotments as one of the MLABs sold down a sizeable amount.

Singapore’s Ezra Holdings is seeking to raise $300m from a combined rights issue and sale of convertible bonds to shore up its capital base. Both offerings are worth about $150m each.

Darling Ingredients, the Texas-based food ingredients maker, sold a €515m senior unsecured bond to yield 4.75% on Friday, even as French cable manufacturer Nexans was pulling its €250m deal.