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  • In this round-up, the central bank will lower banks' reserve requirement ratio on Monday, Chinese president Xi Jinping made his first visit to epicentre Wuhan since Covid-19 began, and the central bank and securities regulator promised more bond market reform.
  • Singapore hard disk drive company MMI International is looking to amend and extend an old loan ahead of a looming maturity, as it faces pressure on its financials.
  • Deutsche Bank has hired Alexandra Yang from Nomura to lead its China sponsor coverage team.
  • Property developer New World China Land has closed a HK$6.85bn ($880m) loan, attracting nine participants during syndication.
  • A handful of Indian listings that had been expected by the end of March have been pushed back after a traumatic week for domestic and global markets.
  • Beijing Hyundai and Volkswagen took advantage of the flush liquidity in China’s ABS market to print tight deals on Thursday, adding to the flurry of onshore auto loan ABS issuance this week.
  • China Construction Bank Corp has raised Rmb1bn from an offshore renminbi (CNH) bond that was sold through its Astana arm. The branch only started operating six months ago, after it was set up to strengthen ties between China and Kazakhstan, a country part of the Belt and Road Initiative.
  • CPN Retail Growth Leasehold Reit dived 20% in Friday morning trading after the Thai company deferred an equity fundraising exercise due to volatility in the market.
  • ESR Cayman, a Hong Kong-listed logistics real estate company, is tapping the offshore loan market for a debut $250m borrowing through Standard Chartered.
  • SRI
    Since the invention of green bonds 13 years ago, market participants have circled round the problem of what is green. There are many answers, such as the Climate Bonds Initiative's standards, but none have any official authority. That is about to change. The EU's Green Bond Standard is likely to become law before the year is out, and it could alter the market in several ways.
  • The outlook for Italy continues to worsen, as both the coronavirus pandemic and financial markets rout deepened on Thursday. But essential services are functioning, in society and markets, and Italians are helping each other through the crisis, including with funding difficulties. By Jon Hay and Lewis McLellan
  • A sharp sell-off in Argentina’s international bonds is likely to have a major impact on the government’s attempts to restructure nearly $70bn of debt, but there was disagreement as to whether lower secondary prices would make life harder for the borrower.