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Market participants have been picking up put spreads on the Australian dollar against the US dollar, however investors should be wary as the currency pair has the potential to fall lower than expected, according to FX strategists.

Delphi Corp, the car parts manufacturer spun out of General Motors in 1999, issued its first euro bond on Monday, a €500m 10 year.

Ineos, the chemicals company now registered in Switzerland, has hired five banks to arrange its €750m refinancing project to replace bonds with term loans.

German cable company Unitymedia has continued its refinancing run in robust fashion, pricing €700m of 12 year non-call six senior unsecured bonds at 3.75% on Monday.

The wave of US companies issuing bonds showed no signs of breaking this week, as Michigan-based breakfast cereal and snack maker Kellogg led the charge on Monday.

A pair of issuers have mandated banks to run euro syndications ahead of a European Central Bank meeting on Thursday.

World Bank is out with its first Canadian dollar deal in nine months.

Three borrowers plan to print at the short to medium part of the dollar curve this week.

A euro bond roadshow for Neste Oil, Finland's largest refiner, is set to finish on Friday. The company has mandated Barclays, Crédit Agricole, Danske Bank and Mitsubishi UFJ for the deal.

Afren, the Africa-focused oil exploration company listed on the London Stock Exchange, has obtained a second deferral from lenders on a $50m loan amortisation payment.

Ineos, the chemicals company now registered in Switzerland, is launching a €750m refinancing project to replace bonds with term loans.

Nordic Investment Bank on Monday made its second appearance in the Kangaroo market this year, announcing a tap of a five year line.