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Hong Kong has taken another step along the road to boosting its derivatives market by introducing exchange-listed, equity-linked instruments. Pauline Loong looks at how they work.

Indonesia is back in the debt markets. It's not quite like the good old days, when investors would buy anything with the label Indonesia on it, but investment bankers are getting Indonesian issues away, nicely oversubscribed. It's a welcome change, says Matthew Montagu-Pollock.

Hana wins Seoulbank bid

After years of uncertainty, the reform of Indonesia's banking sector is at last gathering pace. Maggie Ford reports.

A report by CLSA

A report by CLSA

Mark Bucknall, the head of Asian debt capital markets for HSBC, is leaving the region to take on responsibility for debt in the Americas. With his departure, the debt markets team will report to Mike Powell, who already runs much of treasury and foreign exchange, among other parts of the debt business. The two could hardly be more different. Bucknall, well-known among the region's financial media as a larger-than-life figure not overly troubled by modesty, projects a sort of practised suaveness. (In fairness, we should grant him that this may all be something of an act.) Like HSBC itself perhaps, he exudes a kind of Englishness that most people thought had died out around the end of the 19th century – an Englishness redolent of family money, middle names like St Vincent, and assassinated pheasants.

Wachovia Securities is marketing a $400 million collateralized loan vehicle for Guggenheim Investment Management, run by a triumvirate of ex- J.H. Whitney & Co. loan pros and using funds from the Guggenheims and other families. Todd Boehly, Steve Sautel and Adrian Duffy, managing directors for the investment shop, left J.H. Whitney at the start of the year. The debut vehicle, titled Guggenheim 1888, is one-third ramped-up and the eventual mix will be 90% loans and 10% bonds, said a banker. Boehly declined comment on the vehicle.

Joops@bloomberg.net ... Emailing individuals via their Bloomberg accounts can lead to misunderstandings. At least it did for one LMW staffer, who mistakenly left out a character in a Bloomberg address when trying to set up a meeting with a trader. She spent the week corresponding with a different guy of the same name who believed a friend was playing a joke on him. The situation finally came to light after the wrong guy failed to show up at the designated time and place.

The Deal Roll-off Chart, provided by Capital DATA Loanware, lists the 50 largest leveraged credit facilities in the U.S. market that are due to mature in the coming month. It is designed to provide a look at potentially available money in the market as credits are renewed or retired.

This chart, provided by Citibank/Salomon Smith Barney Inc., tracks bid-ask prices for par credit facilities that trade in the secondary market. It also tracks facility amounts, ratings, pricing and maturities.