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Abu Dhabi Commerical Bank printed its $750m bond on Tuesday with only a 2bp new issue premium, crunching even tighter than the other aggressively priced United Arab Emirates bank bonds this year.

After a week in which the European corporate bond market was dominated by US issuers, European companies are asserting themselves once again.

The euro market for sovereign, supranational and agency borrowers paused for breath on Wednesday, ahead of a European Central Bank meeting on Thursday.

The international sukuk market has woken up from months of slumber to steal the focus in emerging markets.

Malaysia’s Axis Real Estate Investment Trust is seeking MR379.05m ($105.59m) from a placement of new units as it looks to pare down borrowings and free up its balance sheet for future acquisitions.

Axis Bank has begun taking orders for a $200m tap to its existing 3.25% 2020s issued last year. While the deal is not driven by reverse enquiry, bankers were confident about going ahead as they had good visibility on what accounts would want to come into the trade.

Indian Oil Corp’s (IOC) C$600m ($480.79m) North America targeted loan that launched into general in January has been allocated among six banks. While the deal drew liquidity from three lenders in retail syndication, bankers away from the deal stopped short of terming it a success, saying low pricing probably constrained the response.

Philippine National Bank (PNB) opened its $150m three year fundraising into general syndication on March 2.

Air India has taken flight for a $315m 15 month bridge via two mandated lead arrangers and bookrunners. The money will be used to finance new aircraft as the state-owned company looks to modernise its fleet.

Swedish truck maker Volvo Group has raked in Rp19.19bn ($310m) by selling some of its stake in Indian automobile manufacturer Eicher Motors via an overnight block trade that was wrapped up on the morning of March 4. Robust demand allowed the seller to offload far more shares than originally planned, as investors piled into a story they understood and liked.

BNP Paribas has become the third non-Chinese bank to issue a Basel III bond in the offshore renminbi (CNH) market. On the back of a big order book from high quality investors, not only was it able to increase the size but the new trade also came inside its dollar and euro tier two curves.

China Shanshui Cement Group is making a return to the dollar market for the first time in three years, opening books to a five year non call three transaction on March 3.