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Costa Rica is working with supranationals on a new law to give it more flexibility to issue in international capital markets, the country’s head funding official told GlobalCapital.

Panama’s new 10 year traded up on Thursday morning despite the country having issued the bond with the tightest coupon it had ever achieved.

A torrid start to the week for secondary bond markets in Latin America did not stop pan-emerging markets telecoms and media group Millicom from fetching a well oversubscribed $500m 10 year non-call five note on Tuesday, as investors saw a rich concession for a name in most EM corporate bond portfolios already.

The European Central Bank this week began its programme of SSA bond buying, but the bank needs to work on being as transparent as possible — and fast.

British American Tobacco’s 30 year euro bond opens a new product, and could usher in a bigger, more international European bond market.

Asian Development Bank has made its first foray into the green bond format, joining a small group of issuers at the long end of the market. The debut attracted a strong bid from real money investors, parched for high quality green debt.

International Finance Corporation has tapped a renminbi line to over Rmb3bn ($478.8m) as moves in the dollar/renminbi cross currency basis swap drove a burst of demand from Asian investors.

After an age in the making as bankers pleaded for it, the European Central Bank unleashed quantitative easing programme. But the verdict so far has not been unanimously positive. Craig McGlashan and Tessa Wilkie report.

Barclays, ING and Lloyds Bank led the return of big-ticket issuance by European financials with a combined $7bn in fresh supply this week.

Crédit Agricole wowed the dollar market with its tier two dollar offering this week, enjoying huge demand and tight pricing despite challenging market conditions.

The race to fulfil Total Loss Absorbing Capacity (TLAC) requirements has begun for Europe’s banks, illustrated most recently by Crédit Agricole’s €3bn equivalent two tranche tier two bond this week, writes Graham Bippart.

Issuers across the credit spectrum were seen in covered bonds this week with Münchener Hypothekenbank pricing the tightest 10-year deal ever while Bankia priced a 10 year with one of the widest spreads seen this year.