The new issue premium was, at most, 10bp

Inaugural European Green Bond Standard deal in the works as issuer remains committed to at least one green bond each year with or without new label

World Bank-managed issuer taps capital markets to accelerate donor pledges into Gavi vaccine programmes

◆ Safer credits prove popular in uncertain market ◆ Alliander sheds orders as it punches through fair value ◆ Argan ends near five year euro absence

Red-hot corporate hybrid bond market could tempt more debut issuers

◆ Sentiment improves after ceasefire extended ◆ Handelsbanken nears record tights ◆ Jyske Bank attracts €3.3bn of orders

Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds

Fund modelled on Romania’s Fondul has $2.4bn of assets

State of New Hampshire's innovative bond gets Ba2 rating

Shares in company, which manufactures underwater mine disposal drones, have risen by close to 50% this year

Renewables can make Europe’s capital markets less vulnerable to energy price shocks

High demand from institutional and retail investors for maker of Patriot missile components

Nigeria plans a total return swap, following peers on the continent in the last 12 months

The DRC has a poor governance record but that doesn't mean things will end in tears for its investors

Demand allowed the bank to cut the yield by 35bp

The country offers huge potential and possible pitfalls for investors

A piece of very rare African senior bank issuance could also come this week

Central banks in the region have stepped in with support and lenders are thought unlikely to let sub debt extend

Investment banking is a competitive business, especially when it’s your bosses that are vying for your attention

Deal raises questions about whether transaction was done at arm's length

In an age of abundant information and opinion, where much of it is wrong, smart investment bankers can still be valuable to clients by embracing the complexity

High grade companies poured into the bond market this week as participants weigh up whether this is a redux of 2009’s record year or if the unprecedented central bank spending and high bank liquidity mean that this is a unique market where borrowers raise cash even if they do not really need it.

Dollar high yield and convertible bond buyers dived straight into the riskiest possible end of the market on Wednesday, snapping up rescue issues for cruise operator Carnival Corporation, a firm at the centre of the coronavirus storm. Carnival pledged nearly all its ships to back bondholders’ investments, while convert investors spied a chance to double their money — if the cruise industry can bounce back. Aidan Gregory, Jon Hay, Sam Kerr and Owen Sanderson report.

Esoteric ABS has come to a standstill, but many market participants are confident that the damage will be manageable in the short term. Investors are more concerned about what will happen after the coronavirus pandemic, which is changing consumer behaviour and reshaping fundamental credit risks in all asset classes.