Pre-migration untagged articles

ABN Amro was putting the final touches to its self-led euro perpetual non-call 10 tier one transaction yesterday (Thursday) evening. Books closed at 3pm and pricing is due to be set this morning (Friday). Orders were said to total nearly Eu3bn and market participants anticipate that a Eu2bn transaction will be printed at the tight end of guidance today. More than 150 accounts are said to have put in orders, mainly from the Netherlands, the UK, but also Asia.

The African Development Bank (AfDB) has become the first supranational borrower to issue a bond linked to the Tanzanian shilling. The Tsh11.8bn ($10m) one year trade pays a coupon of 11.8% and was led by Barclays Capital. "This is another important milestone in our plan to bring visibility to the opportunities that African capital markets offer international investors," said Arunma Oteh, the African Development Bank's treasurer.

The Bank of Bahrain and Kuwait (BBK) has mandated HSBC and Citigroup to arrange its Euro medium term deposit note (EMTDN) programme, and lead manage the inaugural five year benchmark sized dollar floating rate deposit note from it. EuroWeek understands that BBK will sign the programme before it starts its worldwide roadshow in Singapore on March 2, before moving on to Hong Kong, then London, finishing in Frankfurt on March 7.