UBS

BDO Unibank in the Philippines and Industrial and Commercial Bank of China New York branch made their respective returns to the dollar bond market on Monday.

Export-Import Bank of Korea (Kexim) executed yet another blockbuster $2.5bn trade on Thursday just a few months after printing a deal of the same size. Korea's first four-tranche trade drew a strong response from the market, allowing the policy bank to price inside its existing curve.

A flurry of follow-on equity sales this week, mostly block trades, showed that investors still want stock, sometimes at tight discounts, even while three IPOs had to be abandoned.

JP Morgan’s chairman and chief executive was in a sympathetic mood in Washington at the Institute for International Finance last week, advocating a pause in the regulation of banks in Europe that would give them time to get on with financing the real economy.

Australia sold its largest ever bond in its longest ever maturity on Wednesday. Overseas investors swarmed towards the sovereign’s high yielding offer.

US music publisher Warner Music Group on Monday was alone in the European high yield market at the same time that Verallia, the French glass packaging maker, told investors it had cancelled its pay-if-you-can bond offering.

Ecom Agroindustrial, the Switzerland based commodities trader, has concluded the refinancing of a $635m one year loan, drawing in six new banks.

A diverse group of issuers forged ahead with their respective fundraisings on Thursday, seeking everything from dollars to Singapore dollars and green debt.

UniCredit has tonight launched another block trade of shares in FinecoBank, the Italian retail online brokerage, bank and asset manager of which it owns 55.5%. The 20% stake is worth €580m before any discount.

Haitong International Securities Group has printed its first convertible bond in two years. It is the first zero coupon CB from an international arm of a Chinese securities house, said bankers close to the deal.

KEB Hana Bank executed a $650m dual-tranche offering on Tuesday, ahead of an expected burst of supply from financial names. While the issuer priced the longer five year portion flat to its outstanding curve, it decided to be slightly generous with the three year to bag a larger amount.

Investment grade corporate issuers hit the euro bond markets in force on Tuesday with five primary transactions in play, but defensive deal sizes characterised the frantic flow.