Nomura

The European Financial Stability Facility (EFSF) announced on Monday that it would complete its 2017 funding programme with a pair of taps on Tuesday. Conditions in euros looked strong on Monday, as they allowed the Council of Auckland to pull its spread in by 7bp for its second ever euro deal.

New India Assurance Co (NIA) and Mahindra Logistics will both price their IPOs at the top end of guidance, pocketing a combined Rp104.3bn ($1.6bn) from equity investors.

Indian agrochemical producer Crystal Crop Protection has lined up a quartet of local and international firms to lead its potential Rp10bn ($154.8m) IPO, according to a banker on the mandate.

A wave of public sector borrowers is set to hit screens next week, providing investors who have recently been lacking socially responsible bond issues with a well stocked menu of ethically themed deals.

Nomura has appointed Hugh Karseras, a former Deutsche banker to their new global chief operating officer role.

Two Indian IPOs opened this week to a rousing reception from investors, with both transactions covered soon after they kicked off.

A pair of Dutch public sector borrowers are set to come to market with socially responsible investment bonds. The deals form the first wave of an approaching flood of SSA SRI borrowing.

African Development Bank (AfDB) has reopened a rare long end green Kangaroo bond. Long end Kangaroos are often considered difficult to place as those deals are primarily driven by interest from Japan and are too long for most investors.

Oman electrical distribution company Mazoon has opened books on a 10 year sukuk with a chunky premium at mid to high 5%, leading to plenty of investor interest — despite the glut of Middle Eastern trades.

The government-backed New India Assurance Co (NIA) has launched a three day bookbuild for its IPO, which could raise up to Rp96bn ($1.5bn).

After a huge response from investors, Reliance Nippon Life Asset Management has wrapped up its IPO books more than 80 times subscribed.

HDFC Standard Life Insurance Co has announced a price range for its IPO, which could raise up to Rp86.9bn ($1.3bn) for its two biggest shareholders.