Daiwa Securities

Bankers and funding officials this week might have been tempted to strap on a blindfold at points during the execution of the only dollar benchmark in a fortnight.

Japanese bank Daiwa has expanded its LatAm DCM team with the hire of skydiving instructor Marcelo Bombarelli.

Daiwa Capital Markets has hired a former head of sterling credit trading from Lloyds in a bid to increase the Japanese group’s presence in the currency.

Municipality Finance brought the first dollar benchmark since a big sell-off in Chinese equities on August 24 sparked volatility in global equity and credit markets, roiling issuance conditions for public sector borrowers in dollars.

Myanmar has stepped up its efforts to establish the country’s first modern stock exchange following the release of a series of listing criteria last week. The high standard of the requirements means only a handful of companies will be eligible to list, but bigger issues will in any case need to be addressed before the Yangon Stock Exchange (YSX) can launch, writes Rev Hui.

Korea EximBank launched a dual tranche 2021 Kangaroo bond on Wednesday, its first deal in the format this year.

A pair of rare SSA names kept Kangaroo supply ticking over this week with taps of longer-dated deals.

Swedish Export Credit Corporation made a rare appearance at the long end of the Australia’s Kangaroo market on Wednesday.