UBS

The public sector market for euro paper is providing superb execution for those borrowers that still have needs in the currency — but those are few and far between.

The UK Debt Management Office has broken its record book size yet again and brought in a new high of 144 investors with a deal that amazed bankers away from the trade.

A tidal wave of compliance projects may not be the only outcome of MiFID II — the new regulations due to come into force on January 3 may push fixed income markets towards technological advance.

Leveraged loan issuance is set to outpace sales of new high yield bonds with a surge this year, pushed by a varied array of borrowers seeking not just tighter margins on old debt, such as US chemical group Angus this week, but also funding for acquisitions, as with Nordic travel operator Etraveli.

Indonesia’s Kawasan Industri Jababeka returned to the market on Wednesday, adding nearly $111m to its existing 2023s in an opportunistic tap.

UBS's Investment Bank has shaken up the management of its corporate clients solutions (CCS) division in a series of moves that sees long-serving co-head William Vereker move to a executive vice chair role as the bank implements a regional management structure.

Property developers Yango Group Co and Jiayuan International Group are marketing new dollar bonds on Thursday. The former has opted for a three year, while the latter is choosing to go short with a 364-day deal.

American delivery company United Postal Service made its latest annual visit to the euro corporate bond market on Wednesday, leaving with €1bn of tightly priced bonds.

Qatari investor Three Pillars has bagged Rp96bn ($1.48bn) after offloading a chunk of shares in global telecommunication company Bharti Airtel, according to a source close to the deal.

Indonesian industrial estate developer Kawasan Industri Jababeka has returned to the market to tap its existing 6.5% 2023s.

The UK Debt Management Office has broken its record book size yet again and brought in a new high of 144 investors with a deal that leads called a “rousing success”.

Hong Kong-based Far East Consortium International (FEC) and Chinese securities house Guotai Junan International Holdings both sold unrated bonds on Monday. While neither issuer saw overwhelming demand, they still managed to walk away with their desired $150m and $300m, respectively.