Pakistan takes wraps off new stock exchange
The Pakistan Stock Exchange (PSX) has finally taken off, with the country’s newly-unified bourse inaugurated on Monday after being in the works for the better part of a decade.
View ArticlePing An, Woori, China Energy find dollar windows
Ping An Life Insurance Company of China started building books for its inaugural dollar bond on Tuesday, while South Korea’s Woori Bank and China Energy Reserve and Chemicals Group are also wooing...
View ArticleUpdated: PBoC goes to war in Hong Kong over RMB rates
There were dramatic moves in the offshore renminbi market on the morning of January 12 as the spread between onshore RMB (CNY) and offshore RMB (CNH) all but disappeared. And, in a radical development,...
View ArticleTotal Derivatives: Bid fades on easing yuan concerns
The CNH-CNY FX gap has narrowed sharply in the wake of Monday's HIBOR fixing spike. In CNY swaps, easing concerns about further yuan depreciation have dampened short-end paying interest and the 1s/5s...
View ArticleTriOptima touts margin service ahead of OTC derivs rules
TriOptima, the over-the-counter post-trade services provider, has teamed up with AcadiaSoft to launch a margin processing service, ahead of new rules on uncleared derivatives.
View ArticleAtalian increases tap to €150m with yield below 6%
La Financière Atalian, the French facilities management company, priced on Tuesday the first European high yield issue of the year. The €125m tap was increased to €150m.
View ArticleAbengoa CDS bidders revealed ahead of auction
ISDA has released a list of participating bidders for the credit event auction on Thursday to settle Abengoa 2014 credit default swaps.
View ArticleSingapore Exchange preps LNG index swaps and futures
Singapore Exchange will launch swaps and futures at the end of the month on its FOB SGX LNG Index Group (SLInG), a recently unveiled spot price index for Asian liquid natural gas.
View ArticleNovo Banco CDS heads to external review as ISDA hits deadlock
ISDA’s EMEA Determinations Committee has referred Novo Banco credit default swaps to an external review, after failing to achieve a “supermajority” with its binding vote on whether the Portuguese bank...
View ArticleVW drives past BMW for tightest priced China auto ABS
Volkswagen kicked off the Chinese auto ABS market this week, raising Rmb2.99bn ($460m) from the sector’s tightest priced transaction.
View ArticlePBoC cuts off flow of RMB to offshore market
There was shock this week in the offshore market when CNH Hong Kong interbank offered rate (CNH Hibor) reached a record high overnight of 66.8% on January 12. The dramatic move was a result of the...
View ArticleIndia Exim, Komipo, HK Airlines, Hsin Chong out for dollars
The Asia ex-Japan debt capital market was crowded with dollar issuers on January 13, with two investment grade bonds and two high yield notes opening in the morning.
View ArticleUnited Asia Finance sounds out banks for loan
United Asia Finance (UAF) has started approaching banks for a new syndicated loan, as the Sun Hung Kai owned borrower returns to the market after nearly a year.
View ArticleCIMB merges equity origination and syndicate desks
Malaysia’s CIMB is understood to have rejigged its equity capital markets operations, with Patrick Tan named the new head of ECM and syndicate for Asia, according to sources.
View ArticleBig name bank funding chief quits
One of the bond market's best known heads of treasury has stepped down and is heading to another financial institution, GlobalCapital understands.
View ArticleRealtyMogul hires Guggenheim MD, plans inaugural securitization
Online real estate lender RealtyMogul has hired Michelle Paretti as senior managing director and head of originations and underwriting, as the marketplace lender plans its first ever securitization in...
View ArticleNipro opens Japanese CB issuance with ¥25bn flyer
Medical equipment maker Nipro launched on Wednesday the first of this year’s Japanese convertibles sold outside Japan, and found keen demand, with a seven times oversubscription.
View ArticleIPO business begins in earnest with CMC Markets
This year’s first high profile IPO in Europe began today, when CMC Markets, the financial spread betting firm founded by Peter Cruddas, announced its long-expected intention to float in London.
View ArticleCiti covered on Elior trade for Charterhouse
Citigroup has on Wednesday night launched the first European equity block trade of the week, selling 12m shares in Elior, the French catering company, for about €212m.
View ArticleIndia’s NTPC cancels $250m RFP as RBI rules bite
A seven year borrowing of up to $500m for state-owned Indian company National Thermal Power Corp (NTPC) has become the first to be stymied by a change in guidelines to foreign currency debt issuance by...
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