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Mexican state-owned oil company Pemex on Tuesday sold $5bn of bonds that left investors very happy. The curve had widened significantly in the run-up to the deal, but the new bonds popped as much as two points in the aftermarket.

Argentina’s largest province raised €500m of euro-denominated bonds on Thursday after hefty tightening from initial price thoughts.

GlobalCapital is pleased to announce the nominees for its Global Derivatives Awards 2017. The shortlist has been built from market soundings and research. Winners will be unveiled at a gala dinner at One Whitehall Place in London on September 20. Nominees are now invited to pitch for each award over the coming weeks. A GlobalCapital editorial panel will decide the winners. These awards honour the companies, platforms, services and products that have grown, innovated and strengthened the global derivatives market during the last 12 months. Each category will be decided by considering innovative products and services, commitments to new markets, improvements in efficiency, liquidity and market stability, as well as client guidance.

A European green bond standard and a classification system for sustainable assets were two of the suggestions issued on Thursday by a group of experts advising the European Union on how to make the financial system sustainable — one of the commitments in the Paris Agreement, writes Jon Hay.

The votes have been counted and two of last week's deals go under the GC BondMarker microscope in this week's results: a three year floater from Bank Nederlandse Gemeenten (BNG) and a jumbo dual tranche from the European Financial Stability Facility (EFSF).

Prolonged low interest rates and more mature whole business and container industries have drawn investors to play in the growing world of ‘non-traditional’ ABS, with demand for esoteric asset classes expected to stay strong in the second half of the year.

Valeant Pharmaceuticals, the largest single company exposure in the US CLO market, announced a $500m debt redemption on Thursday with one investor saying debt holders would struggle to find similar returns in the current loan market.

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