Spencer Anderson is a senior report at IFR on the people and markets desk. Since joining in 2011 he has written extensively on banking regulation, tax issues and capital markets. He was previously with the Financial Times.
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DBS Bank made its debut in the euro covered bond market last week, squeezing into a tight window to complete an issuance it had originally aimed for last year.
Standard Chartered priced the year’s first US dollar offering of Additional Tier 1 securities last week, underlining its ability to access regulatory capital after skipping a call option on an outstanding note issue.
Chinese issuers rushed to print last-minute US dollar bonds in the final two weeks of 2016, causing a surge of offerings in typically the quietest period of the year.