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Taiwan-listed Nanya Technology Corp is in the market for a $500m zero coupon convertible bond, launching the trade on Tuesday evening.

UK insurer Phoenix Group Holdings tightened pricing by nearly 40bp on Monday for the first ever Solvency II compliant tier three bond in sterling, as investors appeared keen to take on more bonds in the rarely used format.

The Republic of Poland is looking to become the first repeat sovereign issuer of Panda bonds as it seeks to raise Rmb3bn ($435m) this year.

Zhuhai Huafa Group Co, rated BBB by Fitch, is eyeing its debut dollar-denominated bond.

Sogo department stores operator Lifestyle International is eyeing HK$9bn ($1.16bn) loan to finance a project coming up on a plot of land the company acquired last year. Discussions for the loan have been ongoing since November.

The economic growth of the last five years is great for Romania, but is just the beginning, said Dacian Cioloş, Prime Minister of Romania, at an event in Bucharest organised by the Ministry of Public Finance and GlobalCapital. The country has to translate growth into development, to redress the inequalities between richer and poorer classes and regions. That means building a more productive, high value added economy, with investment in research and innovation; fighting corruption; improving governance at state companies; making the public administration more efficient; and stronger education and training. Above all, Romania must focus on generating prosperity for the younger generation.

Romania is in its best shape, economically, for a decade. With the budget deficit under control and employment growing, the prospects look bright, argued Anca Dragu, Minister of Public Finance, at an event in Bucharest organised by the ministry and GlobalCapital. The government is striving to make the public finances more transparent, with granular details of spending and revenue published online, and is trying to simplify taxation and cut red tape. Risks include Brexit, domestic demand outstripping supply and bottlenecks slowing down the process of reform and investment.

Europe must take the wake-up call of the UK referendum seriously, argued Germany’s Finance Minister, Wolfgang Schäuble, at a high level meeting in Bucharest organised by the Romanian Ministry of Public Finance and GlobalCapital.

Romania is the economic growth star of Europe. Tax relief and VAT cuts have stimulated consumption and investment is strong. Wages are rising fast, but Romania remains competitive. With labour costs a fifth of the EU average, it should be — but that statistic shows how big a hill the country has to climb.

Yanlord Land Group’s decision to wait until the New Year to return to the bond market paid off handsomely. Launching into a less volatile market on Monday, the deal attracted a peak order book of $2.8bn and priced at a good level for the issuer.

Dasin Retail Trust has become the latest Chinese issuer to tap a Singapore listing, raising S$146m ($102m) in its IPO last week. While mainland-sponsored trusts have enjoyed relative fundraising success in the city-state, they have stuck to a tried and tested formula. Future issuers should break the mould.

Times Property Holdings made a successful return to the international debt market on Monday with a $375m bond, benefiting from a strategy of starting with a generous initial guidance before slashing it by almost 40bp.