UBS

Brazilian lender Banco Safra and Banco de Chile are set to sell Swiss franc debt on Thursday, underlining Swiss investors’ appetite for Latin American paper.

Indian state-owned oil company Bharat Petroleum sold its debut Swiss franc on Tuesday morning, the first deal in the currency from the country since 2012. Brazilian financial Banco Safra could follow with a Swiss deal of its own in the near future.

Australian lender Bendigo and Adelaide Bank is set to sell its debut Swiss franc bond on Tuesday afternoon, adding variety to a market where Australian issuance has been dominated by a small number of issuers.

ICBC International Holdings has priced the debut offering from its new $1.2bn MTN programme and offered investors a new issue premium to encourage participation.

Open interest in US dollar-denominated interest rate swap futures on Chicago-based futures bourse Eris Exchange has reached $10bn in notional value.

ICBC International Holdings has announced the first offering under its new $1.2bn MTN programme.

UBS executed its first interest rate swap on behalf of a client via an anonymous swap execution facility order book late last week.

The dim sum market is in full swing this week, with Mitsubishi UFJ Lease & Finance, Unilever and China Citic Bank all pricing three year deals on Thursday.

The list of Chinese firms eyeing up an US IPO has just gotten longer thanks to mobile game developer Chukong Tech, which is planning to raise $150m in the second half of the year, according to a banker close to the deal.

UBS Securities is poised to enter China’s futures market, after agreeing to buy a majority stake in brokerage Shanghai Pumin Futures. The move makes the Swiss firm the first foreign securities business to have an investment in a business licensed to carry out a full range of services in China.

Unrated Hong Kong issuer New World Development Company upsized its seven year deal from $600m to $750m and priced at the tight end of the range due to an unexpected level of investor demand.

Equity-linked bankers hoping for 2014’s wave of large, high quality deals to begin may have to wait a little longer, after reports on Wednesday that Telefónica's proposed €8.6bn acquisition of KPN’s German business may be delayed.