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The UK Debt Management Office will raise slightly less than expected this financial year, after the country’s government changed its cash requirement.

The initial public offering of Spanish diet products retailer Naturhouse garnered sufficient demand from investors to go ahead this week, but was priced at the bottom of the range.

Nationwide Building Society this week priced its first sterling covered bond of 2015 following an earlier euro covered bond, a multi-currency RMBS and two senior deals issued already this year.

A group of supranationals has published guidelines to green bond impact reporting, which it is hoped could make comparing green bonds easier for investors.

Turkish banks finally look set to become part of the covered bond market this year as Akbank lines up its first euro-denominated benchmark.

FirstRand on Thursday printed a $500m bond with a spread of 100bp or less over the Republic of South Africa, with the order book for the deal having closed at $1.9bn.

US plastics manufacturer Trinseo on Thursday priced $700m of senior unsecured bonds in dollars and euros, saving at least 200bp compared with the interest on the 8.75% bond the company wants to repay.

The Central American Bank for Economic Integration (Cabei) on Thursday printed its largest Swiss franc deal to date at a level that was through its existing curve.

Denmark’s KommuneKredit was able to reach its maximum target size with a first sterling benchmark on Thursday.

Portugal extended the average life of its debt with an exchange offer on Thursday, as another volatile week for Greece failed to impact steadying yields for the rest of the periphery.

Vakifbank’s $1bn equivalent loan — the latest of a wave of Turkish refinancings — has demonstrated that the country’s long love affair with the 364 day loan is over, say bankers.

BNP Paribas has made the next move in its merger of its high yield and leveraged finance operations, moving three people into new positions under Charlotte Conlan.