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Standard Chartered has appointed Ding Shuang as head of Greater China economic research, luring him from Citi. The bank has also appointed a new Dubai-based global chief economist, Marios Maratheftis.

Indonesian industrial park developer Puradelta Lestari is reviving its IPO plans nearly two years after scrapping a Rph1.95tr ($191m) deal, and is counting on improved sentiment for stocks from the country to push the listing ahead.

China Communications Construction Co (CCCC) made a successful debut in the international bond market on April 14 with a senior perpetual bond. Its rarity value, attractive pricing and great timing drew huge demand from investors, which allowed the issuer to achieve the lowest coupon for a senior dollar perp in Asia.

Mexican oil company Pemex became the latest Latin American borrower to take advantage of ultra-low borrowing costs provided by ECB president Mario Draghi, following its owner the Mexican government into the euro-denominated bond market.

The Asian bond market is in full throttle this week with a flush of new issuance from mostly investment grade names. But the high yield sector was not to be outdone with Central China Real Estate printing a red hot $300m bond that was close to 12 times covered.

State oil company Ecopetrol has received authorisation from the Colombian finance and public credit ministry to sell up to $3.175bn of bonds in international capital markets.

The Australian arm of Jindal Steel & Power is in the market for a $630m dual tranche loan, with two banks at the helm. The deal comes shortly after another Jindal family company — JSW Steel — successfully completed a $250m capital expenditure facility that drew several international lenders.

Panamanian lender Global Bank re-opened its 2019s for a further $150m on Tuesday as bankers said low new issue volumes were creating extremely friendly conditions for borrowers.

Industrial Bank of Korea (IBK) mandated six banks on Wednesday, April 15 to run its first outing to the dollar bond market in almost three years.

The credit risk European corporates pose is plunging. The Itraxx Europe five year spread is at its lowest level since the end of 2007 and volatility is dropping with it since the announcement of European QE. Meanwhile, investors seem unconcerned about problems in Greece and Ukraine.

Société Générale Prime Services — formerly Newedge — will clear credit derivative transactions through ICE Clear Credit and ICE Clear Europe following its regulatory approval.

Moy Park, the UK poultry producer owned by the Brazilian food group Marfrig, sold a tap of its £200m debut high yield bond at 98.501 to yield 6.55% on Tuesday.